CIBC Boosts Black Diamond Group Ltd (BDI) Price Target to C$5.25

CIBC Boosts Black Diamond Group Ltd (BDI) Price Target to C$5.25

Black Diamond Group Ltd (TSE:BDI) had its price objective increased by CIBC from C$4.50 to C$5.25 in a research note released on Wednesday.

BDI has been the topic of several other research reports. National Bank Financial dropped their target price on shares of Black Diamond Group from C$6.90 to C$5.25 and set an outperform rating on the stock in a research report on Tuesday, November 22nd. Scotiabank cut shares of Black Diamond Group from an outperform rating to a sector perform rating and set a C$7.00 target price on the stock. in a research report on Wednesday, November 9th. Clarus Securities cut shares of Black Diamond Group from a buy rating to a hold rating in a research report on Thursday, November 10th. Finally, Acumen Capital dropped their target price on shares of Black Diamond Group from C$6.20 to C$5.60 and set a buy rating on the stock in a research report on Thursday, October 13th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of C$7.05.

Shares of Black Diamond Group (TSE:BDI) opened at 5.55 on Wednesday. The company’s market capitalization is $255.91 million. The company has a 50 day moving average price of $4.67 and a 200 day moving average price of $4.44. Black Diamond Group has a 52 week low of $2.97 and a 52 week high of $6.79.

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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