Black Diamond Group Ltd T.BDI

Globe & Mail this morning...

[zack50]

Equity analysts at Acumen Capital revealed their 2022 “Dark Horse Picks” on Monday.

The list of five stocks was built from a “collection of names have either lost a surprising amount of investor conviction or remain under the radar” and is intended to provide investors with “some perspectives on the potential catalysts that could surprise to the upside in 2022.”

This year’s selections are:

* Black Diamond Group Ltd. with a “buy” rating and $6.75 target. The average on the Street is $6.79.

Firm: “BDI was up over 60 per cent in 2021 and a top performer in our universe as the business normalized from the initial shock of COVID-19 along with the positive impact from acquisitions and organic growth. We believe BDI is well positioned for continued outperformance in 2022 driven by stable and predictable high margin rental revenue (MSS), steadily improving WFS utilization, and a continued rapid scaling of the LodgeLink digital platform.”

[Hopped]

Glad to see some of the so-called pros see BDI the same way I do. Currently way undervalued in my opinion. If BDI can get some exposure, there is a lot of upside to be had at today's prices I think.

[zack50]

I concur... BDI is undervalued. With the average target price of $6.79 and today's present price of just $4.42, we are looking at an upside of ~54%. I think the Q4/21 and Q1/22 results will push the stock to its TP in the next 6 months. If the company can do some self-promotion in the market place, and maybe get some additional analyst exposure we may even see $7 - $7.50. I took my position