What’s Next for Black Diamond Group Ltd After Today’s Huge Increase?

 What's Next for Black Diamond Group Ltd After Today's Huge Increase?

The stock of Black Diamond Group Ltd (TSE:BDI) is a huge mover today! About 71,470 shares traded hands. Black Diamond Group Ltd (TSE:BDI) has declined 0.47% since March 31, 2016 and is downtrending. It has underperformed by 1.56% the S&P500.
The move comes after 7 months positive chart setup for the $193.57M company. It was reported on Nov, 4 by Barchart.com. We have $8.45 PT which if reached, will make TSE:BDI worth $187.76M more.

Black Diamond Group Ltd (TSE:BDI) Ratings Coverage

Out of 6 analysts covering Black Diamond Group Ltd. (TSE:BDI), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. $20 is the highest target while $4.75 is the lowest. The $11.14 average target is 159.67% above today’s ($4.29) stock price. Black Diamond Group Ltd. has been the topic of 23 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Black Diamond Group Ltd (TSE:BDI) has “Outperform” rating given on Friday, August 14 by Raymond James. The stock has “Outperform” rating given by Raymond James on Thursday, November 12. On Tuesday, August 25 the stock rating was upgraded by Raymond James to “Outperform”. IBC upgraded the shares of BDI in a report on Friday, September 11 to “Sector Perform” rating. The company was maintained on Friday, August 14 by Scotia Capital. BMO Capital Markets upgraded the shares of BDI in a report on Thursday, September 10 to “Outperform” rating. The firm has “Sector Perform” rating given on Friday, August 14 by RBC Capital Markets.

Black Diamond Group Limited is a Canada company, which rents and sells modular workforce accommodation and space rental solutions to clients in Canada, the United States and Australia. The company has a market cap of $193.57 million. The Firm offers lodging and other support services related to remote workforce accommodation and space rentals. It currently has negative earnings. It operates through the divisions, including Structures, Logistics, Energy Services and International.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment