Firestone Diamonds PLC (FDI) Stock Rating Reaffirmed by Macquarie
Firestone Diamonds PLC (LON:FDI)‘s stock had its “outperform” rating reiterated by investment analysts at Macquarie in a research note issued on Tuesday. They currently have a GBX 45 ($0.59) price objective on the stock. Macquarie’s target price would suggest a potential downside of 0.55% from the stock’s previous close.
Separately, FinnCap restated a “buy” rating and issued a GBX 51 ($0.67) price objective on shares of Firestone Diamonds PLC in a report on Wednesday, July 20th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 38.80 ($0.51).
Shares of Firestone Diamonds PLC (LON:FDI) opened at 45.65 on Tuesday. Firestone Diamonds PLC has a 52-week low of GBX 14.98 and a 52-week high of GBX 47.00. The company has a 50 day moving average price of GBX 42.43 and a 200-day moving average price of GBX 33.14. The firm’s market cap is GBX 141.09 million.
About Firestone Diamonds PLC
Firestone Diamonds plc is a United Kingdom-based diamond development company. The Company is focused on its Liqhobong Diamond Mine (Liqhobong), which is located in the Kingdom of Lesotho (Lesotho). The Company’s Liqhobong Diamond Mine is located in the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho.
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