BMO Capital Markets Reaffirms Outperform Rating for Black Diamond Group Ltd (TSE:BDI)

BMO Capital Markets reaffirmed their outperform rating on shares of Black Diamond Group Ltd (TSE:BDI) in a research report sent to investors on Tuesday, July 4th, StockTargetPrices.com reports. BMO Capital Markets currently has a C$6.00 target price on the stock.

Several other brokerages have also weighed in on BDI. Scotiabank increased their price objective on shares of Black Diamond Group from C$4.50 to C$4.75 and gave the company a sector perform rating in a research report on Tuesday, March 7th. CIBC reissued an underperform rating and issued a C$5.25 price objective on shares of Black Diamond Group in a research report on Tuesday, March 7th. National Bank Financial raised shares of Black Diamond Group from a sector perform under weight rating to an outperfrom under weight rating in a research report on Monday, March 27th. Raymond James Financial, Inc. dropped their price objective on shares of Black Diamond Group from C$6.50 to C$5.50 and set an outperform rating on the stock in a research report on Thursday, March 30th. Finally, 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 report on Thursday, March 30th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of C$4.94.

Shares of Black Diamond Group (TSE BDI) remained flat at $2.74 on Tuesday. The company’s stock had a trading volume of 112,980 shares. The firm’s market cap is $149.91 million. The company’s 50-day moving average is $2.62 and its 200 day moving average is $3.75. Black Diamond Group has a 12 month low of $2.27 and a 12 month high of $5.88.

WARNING: This piece of content was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international copyright laws. The original version of this piece of content can be read at https://www.chaffeybreeze.com/2017/07/30/black-diamond-group-ltd-tsebdi-receives-outperform-rating-from-bmo-capital-markets-updated-updated-updated.html.

The company also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be issued a $0.025 dividend. This represents a $0.30 annualized dividend and a yield of 10.95%. The ex-dividend date of this dividend is Thursday, July 27th.

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.

Stock Target Prices

Analyst Recommendations for Black Diamond Group (TSE:BDI)

Receive News & Ratings for Black Diamond Group Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Diamond Group Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply