Shares of Black Diamond Group Ltd (TSE:BDI) have earned an average rating of “Hold” from the eight research firms that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$3.69.

Several research firms have weighed in on BDI. CIBC lowered their price target on shares of Black Diamond Group from C$2.75 to C$1.75 in a research note on Tuesday, August 8th. Acumen Capital lowered their price objective on shares of Black Diamond Group from C$4.50 to C$3.25 and set a “buy” rating for the company in a research note on Tuesday, August 8th. Clarus Securities downgraded shares of Black Diamond Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Raymond James Financial, Inc. decreased their price target on shares of Black Diamond Group from C$4.50 to C$2.80 and set an “outperform” rating for the company in a research note on Tuesday, August 15th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$6.00 price target on shares of Black Diamond Group in a research note on Tuesday, July 4th.

Black Diamond Group (BDI) opened at 1.77 on Wednesday. The company’s 50 day moving average price is $2.22 and its 200 day moving average price is $3.30. The company’s market cap is $97.90 million. Black Diamond Group has a 52-week low of $1.55 and a 52-week high of $5.88.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st were paid a $0.025 dividend. The ex-dividend date was Thursday, July 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 16.95%.

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About Black Diamond Group

Black Diamond Group Limited rents and sells portable workforce accommodation and space rental solutions. The Camps & Lodging segment provides workforce accommodation solutions ranging from basic accommodation unit rental to turnkey lodging. This segmentÂ’s lodging services include camps with on-site management of catering and housekeeping personnel and front desk services, as well as fresh water and waste water management, electricity, television, telephone, Internet, and consumables, such as fuel.

Analyst Recommendations for Black Diamond Group (TSE:BDI)

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