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Black Diamond Group (TSE:BDI) has earned a consensus rating of “Buy” from the eight analysts that are currently covering the company, AnalystRatings.Net reports. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$35.56.

Several analysts have recently commented on the stock. Analysts at Acumen Capital raised their price target on shares of Black Diamond Group from C$34.00 to C$37.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Scotiabank reiterated a “sector perform” rating on shares of Black Diamond Group in a research note on Tuesday. They now have a C$40.00 price target on the stock. Finally, analysts at ING Group raised their price target on shares of Black Diamond Group from C$34.00 to C$37.00 in a research note on Tuesday. They now have a “buy” rating on the stock.

Shares of Black Diamond Group (TSE:BDI) traded down 0.21% on Wednesday, hitting $33.90. The stock had a trading volume of 4,576 shares. Black Diamond Group has a 1-year low of $20.87 and a 1-year high of $35.99. The stock’s 50-day moving average is $34.37 and its 200-day moving average is $31.10. The company has a market cap of $1.445 billion and a price-to-earnings ratio of 27.62.

Black Diamond Group (TSE:BDI) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.09. On average, analysts predict that Black Diamond Group will post $1.67 earnings per share for the current fiscal year.

The company also recently announced a may 14 dividend, which is scheduled for Monday, June 16th. Investors of record on Friday, May 30th will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, May 28th.

Black Diamond Group Limited (TSE:BDI) rents various types of oilfield equipment.

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