Today, Analysts Set Black Diamond Group Ltd (BDI) Price Target at $7.01

Today, Analysts Set Black Diamond Group Ltd (BDI) Price Target at $7.01
Shares of Black Diamond Group Ltd (TSE:BDI) have been given a consensus recommendation of “Buy” by the nine analysts that are presently covering the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$6.91.

BDI has been the subject of a number of recent analyst reports. CIBC boosted their target price on Black Diamond Group from C$4.50 to C$4.75 in a research report on Thursday, November 3rd. Acumen Capital decreased their target price on Black Diamond Group from C$6.20 to C$5.60 and set a “buy” rating for the company in a research report on Thursday, October 13th. Clarus Securities lowered Black Diamond Group from a “buy” rating to a “hold” rating in a research report on Thursday, November 10th. Scotiabank reissued an “outperform” rating and issued a C$8.50 target price on shares of Black Diamond Group in a research report on Monday, August 15th. Finally, National Bank Financial decreased their target price on Black Diamond Group from C$6.90 to C$5.25 and set an “outperform” rating for the company in a research report on Tuesday.

Shares of Black Diamond Group (TSE:BDI) opened at 3.50 on Tuesday. Black Diamond Group has a 52 week low of $2.97 and a 52 week high of $7.39. The company has a 50-day moving average of $4.15 and a 200-day moving average of $4.77. The stock’s market capitalization is $161.38 million.

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