Shares of Black Diamond Group Ltd (TSE:BDI) have been assigned a consensus rating of “Hold” from the eight research firms that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$3.25.
A number of equities analysts have recently commented on BDI shares. Raymond James reaffirmed a “market perform” rating and set a C$3.00 price objective on shares of Black Diamond Group in a report on Friday, March 8th. BMO Capital Markets lowered their price objective on shares of Black Diamond Group from C$3.50 to C$3.00 and set a “neutral” rating for the company in a research report on Wednesday, March 6th. National Bank Financial lowered their price objective on shares of Black Diamond Group from C$3.50 to C$3.00 and set a “sector perform” rating for the company in a research report on Friday, January 25th. CIBC lowered their price objective on shares of Black Diamond Group from C$2.50 to C$2.25 in a research report on Friday, February 1st. Finally, Cormark lowered their price objective on shares of Black Diamond Group from C$4.75 to C$4.25 in a research report on Thursday, March 7th.
Shares of BDI traded down C$0.05 during mid-day trading on Thursday, hitting C$2.30. 18,330 shares of the company’s stock were exchanged, compared to its average volume of 59,330. Black Diamond Group has a twelve month low of C$1.65 and a twelve month high of C$3.96. The firm has a market cap of $133.54 million and a price-to-earnings ratio of -10.95. The company has a quick ratio of 1.08, a current ratio of 1.23 and a debt-to-equity ratio of 40.08.
Black Diamond Group Company Profile
Black Diamond Group Limited rents and sells workspace and modular workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in construction, real estate development, manufacturing, education, financial, and resource industries, as well as government agencies in North America.
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