Black Diamond Group (TSE:BDI) Upgraded to Outperform at National Bank Financial

National Bank Financial upgraded shares of Black Diamond Group (TSE:BDI) from a sector perform rating to an outperform rating in a research report report published on Friday, BayStreet.CA reports. National Bank Financial currently has C$3.00 target price on the stock.

Several other equities analysts have also recently commented on BDI. GMP Securities reissued a hold rating and issued a C$2.75 price target on shares of Black Diamond Group in a research report on Thursday, May 2nd. Raymond James reissued an outperform rating and issued a C$3.00 price target on shares of Black Diamond Group in a research report on Monday, May 6th. BMO Capital Markets decreased their price target on shares of Black Diamond Group from C$3.00 to C$2.00 in a research report on Friday. Finally, CIBC raised their price target on shares of Black Diamond Group from C$2.25 to C$2.50 in a research report on Monday, May 6th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Black Diamond Group has a consensus rating of Hold and a consensus target price of C$2.96.

Black Diamond Group stock opened at C$1.59 on Friday. The company has a debt-to-equity ratio of 50.75, a current ratio of 1.02 and a quick ratio of 0.92. Black Diamond Group has a fifty-two week low of C$1.51 and a fifty-two week high of C$3.96. The firm has a market cap of $90.35 million and a P/E ratio of -7.07. The firm has a 50 day moving average of C$1.92.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells workspace and modular workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in construction, real estate development, manufacturing, education, financial, and resource industries, as well as government agencies in North America.

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Analyst Recommendations for Black Diamond Group (TSE:BDI)

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