Petra Diamonds Limited (PDL) PT Raised to GBX 139
Petra Diamonds Limited (LON:PDL) had its target price hoisted by investment analysts at JPMorgan Chase & Co. from GBX 137 ($1.79) to GBX 139 ($1.81) in a note issued to investors on Wednesday, StockTargetPrices.com reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 15.35% from the stock’s previous close.
PDL has been the subject of a number of other research reports. Macquarie reiterated an “outperform” rating and issued a GBX 140 ($1.83) price target on shares of Petra Diamonds Limited in a research note on Monday, September 5th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 165 ($2.15) price target on shares of Petra Diamonds Limited in a research note on Monday. Liberum Capital reiterated a “buy” rating and issued a GBX 130 ($1.70) price target on shares of Petra Diamonds Limited in a research note on Monday. Barclays PLC restated an “overweight” rating and set a GBX 145 ($1.89) target price on shares of Petra Diamonds Limited in a research note on Tuesday. Finally, FinnCap restated a “buy” rating and set a GBX 197 ($2.57) target price on shares of Petra Diamonds Limited in a research note on Friday, July 8th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Petra Diamonds Limited currently has an average rating of “Buy” and a consensus price target of GBX 141.92 ($1.85).
Shares of Petra Diamonds Limited (LON:PDL) opened at 121.958 on Wednesday. The firm’s 50-day moving average is GBX 115.57 and its 200 day moving average is GBX 114.92. The company’s market capitalization is GBX 634.52 million. Petra Diamonds Limited has a 52 week low of GBX 52.77 and a 52 week high of GBX 138.00.
About Petra Diamonds Limited
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.
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