23:48:05 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Black Diamond Group Ltd
Symbol BDI
Shares Issued 61,052,798
Close 2024-01-10 C$ 8.60
Market Cap C$ 525,054,063
Recent Sedar Documents

Globe says Black Diamond Group expected to outperform

2024-01-10 07:56 ET - In the News

The Globe and Mail reports in its Wednesday, Jan. 10, edition that analysts at Acumen Capital have named Black Diamond Group one of their "Top Ideas" for 2024. The Globe's David Leeder writes in the Eye On Equities column that the Acumen analysts have reaffirmed their "buy" recommendation and $12 share target. Analysts on average target the shares at $10.75. The Acumen analysts say in a note: "Black Diamond Group returns as a top pick for 2024 following a strong showing in 2023 (up almost 76 per cent). We look for continued outperformance this year driven by growth of high margin rental revenue, steadily improving WFS utilization, and scaling of the LodgeLink digital platform." The Globe reported on Nov. 7 that Raymond James analyst Frederic Bastien had reaffirmed his "strong buy" recommendation for Black Diamond Group. The shares could then be had for $7.23. The Globe reported on Dec. 14 that Acumen Capital analyst Trevor Reynolds continued to rank Black Diamond Group "buy." The shares could then be had for $8.56.

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