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Equities researchers at Acumen Capital lifted their price target on shares of Black Diamond (NYSE:BDE) from $37.00 to $38.25 in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Acumen Capital’s target price would suggest a potential upside of 232.61% from the company’s current price.

Separately, analysts at FirstEnergy Capital downgraded shares of Black Diamond to a “market perform” rating in a research note on Thursday, April 17th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $17.73.

Shares of Black Diamond (NYSE:BDE) opened at 11.51 on Wednesday. Black Diamond has a 52-week low of $9.14 and a 52-week high of $15.15. The stock has a 50-day moving average of $11.07 and a 200-day moving average of $11.61. The company’s market cap is $374.0 million.

Black Diamond (NYSE:BDE) last released its earnings data on Monday, May 5th. The company reported ($0.02) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.04) by $0.02. The company had revenue of $54.50 million for the quarter, compared to the consensus estimate of $54.64 million. During the same quarter in the prior year, the company posted ($0.01) earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts expect that Black Diamond will post $0.01 EPS for the current fiscal year.

Black Diamond, Inc (NYSE:BDE), formerly Clarus Corporation, is engaged in designing, manufacturing and marketing outdoor performance products for climbing, mountaineering, backpacking, skiing and other outdoor recreation activities.

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