National Bank Financial Trims Black Diamond Group (BDI) Target Price to C$2.30
Black Diamond Group (TSE:BDI) had its price objective trimmed by National Bank Financial from C$2.40 to C$2.30 in a report issued on Monday morning. The firm currently has a sector perform rating on the stock.
BDI has been the subject of a number of other research reports. Raymond James Financial reduced their price target on Black Diamond Group from C$4.50 to C$2.80 and set an outperform rating for the company in a research report on Tuesday, August 15th. Clarus Securities upgraded Black Diamond Group from a hold rating to a buy rating in a research report on Thursday, October 26th. CIBC reduced their price target on Black Diamond Group from C$1.75 to C$1.50 in a research report on Friday, October 20th. Scotiabank reduced their price target on Black Diamond Group from C$2.25 to C$2.00 and set an underperform rating for the company in a research report on Thursday, November 9th. Finally, Royal Bank of Canada reduced their price target on Black Diamond Group from C$3.50 to C$2.50 and set a sector perform rating for the company in a research report on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of C$2.86.
Shares of Black Diamond Group (BDI) opened at C$2.23 on Monday. Black Diamond Group has a 1 year low of C$1.55 and a 1 year high of C$5.88.
In other Black Diamond Group news, insider Edward James Kernaghan acquired 115,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was purchased at an average price of C$2.11 per share, with a total value of C$242,650.00. In the last ninety days, insiders bought 463,400 shares of company stock valued at $991,874.
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About Black Diamond Group
Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals.
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