Black Diamond Group Ltd (TSE:BDI) has received a consensus recommendation of “Buy” from the eight brokerages that are currently covering the company. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$5.02.

A number of research firms have commented on BDI. Royal Bank of Canada restated a “sector perform” rating and set a C$4.25 price target on shares of Black Diamond Group in a research note on Thursday, March 30th. Raymond James Financial, Inc. restated an “outperform” rating and set a C$6.50 price target on shares of Black Diamond Group in a research note on Tuesday, February 28th. CIBC decreased their price target on Black Diamond Group from C$4.50 to C$4.00 in a research note on Friday, May 12th. Scotiabank upped their price target on Black Diamond Group from C$4.50 to C$4.75 and gave the stock a “sector perform” rating in a research note on Tuesday, March 7th. Finally, National Bank Financial cut Black Diamond Group from an “outperform market weight” rating to a “sector perform under weight” rating in a research note on Tuesday, February 28th.

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In other Black Diamond Group news, Director Trevor Haynes sold 10,000 shares of the company’s stock in a transaction on Monday, April 10th. The stock was sold at an average price of C$4.08, for a total transaction of C$40,800.00.

Shares of Black Diamond Group (TSE:BDI) opened at 3.56 on Monday. The company’s market capitalization is $194.77 million. The firm’s 50-day moving average price is $3.77 and its 200-day moving average price is $4.14. Black Diamond Group has a 12 month low of $2.97 and a 12 month high of $6.11.

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.

12 Month Chart for TSE:BDI

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