Black Diamond Group Ltd (BDI) Price Target Lowered to C$3.00 at National Bank Financial
Black Diamond Group Ltd (TSE:BDI) had its price objective decreased by analysts at National Bank Financial from C$4.50 to C$3.00 in a report released on Friday. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 54.64% from the stock’s current price.
BDI has been the topic of several other research reports. CIBC reduced their price target on shares of Black Diamond Group from C$4.00 to C$2.75 in a research report on Thursday, July 20th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$6.00 price target on shares of Black Diamond Group in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. Black Diamond Group presently has an average rating of “Hold” and a consensus target price of C$4.55.
Black Diamond Group (TSE:BDI) traded down 22.40% on Friday, hitting $1.94. The stock had a trading volume of 1,381,951 shares. The stock has a market cap of $107.17 million and a PE ratio of 5.39. Black Diamond Group has a 12 month low of $1.78 and a 12 month high of $5.88. The firm’s 50 day moving average price is $2.60 and its 200-day moving average price is $3.71.
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About Black Diamond Group
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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