Raymond James Financial Research Analysts Boost Earnings Estimates for Black Diamond Group Ltd (BDI)
Black Diamond Group Ltd (TSE:BDI) – Raymond James Financial raised their FY2018 earnings per share (EPS) estimates for shares of Black Diamond Group in a research note issued to investors on Friday. Raymond James Financial analyst A. Bradford now forecasts that the firm will post earnings per share of $0.25 for the year, up from their previous estimate of $0.23. Raymond James Financial currently has a “Strong-Buy” rating and a $13.75 target price on the stock.
Other research analysts have also issued reports about the company. CIBC lowered Black Diamond Group from a “sector perform” rating to an “underperform” rating and lowered their target price for the stock from C$6.00 to C$4.50 in a research report on Monday, August 15th. Scotiabank reissued an “outperform” rating and issued a C$8.50 price objective on shares of Black Diamond Group in a research report on Monday, August 15th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$8.34.
Black Diamond Group (TSE:BDI) opened at 4.73 on Monday. The company’s 50-day moving average price is $4.41 and its 200 day moving average price is $4.81. The firm’s market capitalization is $218.12 million. Black Diamond Group has a 12 month low of $3.74 and a 12 month high of $10.22.
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Black Diamond Group Company Profile
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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