Black Diamond Group (BDI) Given “Hold” Rating at Scotiabank

Black Diamond Group (TSE:BDI)‘s stock had its “hold” rating reiterated by Scotiabank in a research note issued to investors on Friday. They presently have a C$3.25 price target on the stock. Scotiabank’s target price points to a potential upside of 47.06% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. National Bank Financial boosted their price target on shares of Black Diamond Group from C$4.30 to C$4.50 and gave the stock a “sector perform” rating in a report on Wednesday, October 3rd. Royal Bank of Canada boosted their price target on shares of Black Diamond Group from C$3.00 to C$4.25 and gave the stock a “sector perform” rating in a report on Friday, August 10th. CIBC boosted their price target on shares of Black Diamond Group from C$2.75 to C$3.00 in a report on Tuesday, October 16th. Finally, BMO Capital Markets restated a “hold” rating and set a C$3.50 price target on shares of Black Diamond Group in a report on Wednesday, November 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. Black Diamond Group has a consensus rating of “Hold” and a consensus price target of C$3.60.

Black Diamond Group stock opened at C$2.21 on Friday. Black Diamond Group has a fifty-two week low of C$2.12 and a fifty-two week high of C$3.96. The company has a debt-to-equity ratio of 37.52, a quick ratio of 0.88 and a current ratio of 1.06.

About Black Diamond Group

Black Diamond Group Limited rents and sells workspace and modular workforce accommodation solutions. It operates through four segments: BOXX Modular, Black Diamond Camps & Lodging, Black Diamond Energy Services, and Black Diamond International. The BOXX Modular segment provides modular space rentals to customers in construction, real estate development, manufacturing, education, financial institutions, resource industries, and government agencies in North America.

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Analyst Recommendations for Black Diamond Group (TSE:BDI)

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