Liberum Capital Reaffirms Buy Rating for Petra Diamonds Limited (PDL)
Liberum Capital reiterated their buy rating on shares of Petra Diamonds Limited (LON:PDL) in a research report report published on Monday. Liberum Capital currently has a GBX 130 ($1.70) target price on the stock.
Several other research analysts also recently weighed in on PDL. JPMorgan Chase & Co. began coverage on shares of Petra Diamonds Limited in a research note on Saturday, July 2nd. They issued an overweight rating and a GBX 140 ($1.83) target price for the company. FinnCap reaffirmed a buy rating and set a GBX 197 ($2.57) price objective on shares of Petra Diamonds Limited in a research note on Tuesday, May 31st. Investec downgraded shares of Petra Diamonds Limited to a hold rating and dropped their price objective for the company from GBX 168 ($2.19) to GBX 115 ($1.50) in a research note on Wednesday, July 27th. Canaccord Genuity reaffirmed a buy rating and set a GBX 150 ($1.96) price objective on shares of Petra Diamonds Limited in a research note on Tuesday, July 26th. Finally, Macquarie reaffirmed a neutral rating and set a GBX 140 ($1.83) price objective on shares of Petra Diamonds Limited in a research note on Monday, May 23rd. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of GBX 141.92 ($1.85).
Shares of Petra Diamonds Limited (LON:PDL) opened at 122.50 on Monday. The company has a 50-day moving average of GBX 115.57 and a 200 day moving average of GBX 114.92. The firm’s market cap is GBX 637.34 million. Petra Diamonds Limited has a one year low of GBX 52.76 and a one year high of GBX 138.00.
Petra Diamonds Limited Company Profile
Petra Diamonds Limited is a diamond mining company and a supplier of rough diamonds to the international market. The Company’s segments include Mining and Exploration. Its Mining segment is engaged in the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. Its Exploration segment is engaged in exploration activities in Botswana.
Receive News & Ratings for Petra Diamonds Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petra Diamonds Limited and related companies with MarketBeat.com's FREE daily email newsletter.