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Black Diamond Group (TSE:BDI)‘s stock had its “outperform” rating restated by analysts at Scotiabank in a research report issued to clients and investors on Wednesday. They currently have a C$41.00 price target on the stock. Scotiabank’s price target points to a potential upside of 37.77% from the stock’s previous close.

Black Diamond Group (TSE:BDI) traded down 4.47% during mid-day trading on Wednesday, hitting $28.43. 350,821 shares of the company’s stock traded hands. Black Diamond Group has a 52-week low of $23.00 and a 52-week high of $35.99. The stock’s 50-day moving average is $32.2 and its 200-day moving average is $32.67. The company has a market cap of $1.212 billion and a P/E ratio of 24.20.

The company also recently declared a aug 14 dividend, which is scheduled for Monday, September 15th. Investors of record on Friday, August 29th will be given a dividend of $0.08 per share.

A number of other analysts have also recently weighed in on BDI. Analysts at National Bank Financial raised their price target on shares of Black Diamond Group from C$35.00 to C$36.00 in a research note on Wednesday, June 25th. They now have a “sector perform” rating on the stock. Separately, analysts at Acumen Capital raised their price target on shares of Black Diamond Group from C$37.00 to C$38.25 in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock. Finally, analysts at NBF raised their price target on shares of Black Diamond Group from C$35.00 to C$36.00 in a research note on Wednesday, June 25th. They now have a “sector perform” rating on the stock. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of C$36.75.

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

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