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Shares of Black Diamond Group (TSE:BDI) have earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the stock, Analyst Ratings Network reports. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$35.54.

Shares of Black Diamond Group (TSE:BDI) opened at 27.84 on Friday. Black Diamond Group has a 52 week low of $23.09 and a 52 week high of $35.99. The stock has a 50-day moving average of $31.45 and a 200-day moving average of $32.65. The company has a market cap of $1.191 billion and a price-to-earnings ratio of 22.62.

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

A number of analysts have recently weighed in on BDI shares. Analysts at Raymond James cut their price target on shares of Black Diamond Group from C$38.00 to C$36.00 in a research note on Friday. Separately, analysts at CIBC downgraded shares of Black Diamond Group to an “underperform” rating in a research note on Friday. They now have a C$31.50 price target on the stock, down previously from C$37.00. Finally, analysts at BMO Capital Markets downgraded shares of Black Diamond Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 13th.

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

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