Black Diamond Group Ltd (TSE:BDI) – Stock analysts at Clarus Securities lowered their FY2018 earnings per share estimates for Black Diamond Group in a research note issued to investors on Friday. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings of $0.05 per share for the year, down from their previous forecast of $0.12.
Several other equities research analysts also recently issued reports on BDI. Royal Bank of Canada reaffirmed 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. CIBC dropped their price target on shares of Black Diamond Group from C$4.50 to C$4.00 in a research note on Friday, May 12th. Raymond James Financial, Inc. reaffirmed 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. Scotiabank lifted their price target on shares of 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 downgraded shares of Black Diamond Group from an “outperform market weight” rating to a “sector perform under weight” rating in a research note on Tuesday, February 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of C$5.12.
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Black Diamond Group (TSE:BDI) traded down 2.381% on Monday, reaching $3.485. The company had a trading volume of 191,478 shares. The stock’s 50-day moving average price is $3.80 and its 200 day moving average price is $4.16. The firm’s market capitalization is $158.39 million. Black Diamond Group has a 52-week low of $2.97 and a 52-week high of $6.11.
In related news, Director Trevor Haynes sold 10,000 shares of the business’s stock in a transaction dated Monday, April 10th. The stock was sold at an average price of C$4.08, for a total value of C$40,800.00.
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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