Black Diamond (BDI), the Services sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. Analyst Michael Mazar from BMO Capital remains neutral on the stock and has a C$3 price target.
According to TipRanks.com, Mazar is ranked #4202 out of 5228 analysts.
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The word on The Street in general, suggests a Hold analyst consensus rating for Black Diamond with a C$2.75 average price target.
Based on Black Diamond’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of C$4.75 million. In comparison, last year the company had a GAAP net loss of C$78.84 million.
Black Diamond Group Ltd. engages in renting and selling space rental and modular workforce accommodation. It operates through the following business segments: BOXX Modular; Camps & Lodging; Energy Services; International; and Corporate and Other.
The company’s shares closed on Wednesday at C$1.97, close to its 52-week low of C$1.65.
