Macquarie reaffirmed their outperform rating on shares of Petra Diamonds Limited (LON:PDL) in a research note issued to investors on Thursday. Macquarie currently has a GBX 140 ($1.81) target price on the stock.

A number of other equities analysts have also recently weighed in on PDL. Panmure Gordon reduced their price target on Petra Diamonds Limited from GBX 145 ($1.87) to GBX 141 ($1.82) and set a hold rating for the company in a report on Monday, September 11th. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 140 ($1.81) price target on shares of Petra Diamonds Limited in a report on Tuesday, September 12th. Canaccord Genuity reduced their price target on Petra Diamonds Limited from GBX 135 ($1.74) to GBX 120 ($1.55) and set a buy rating for the company in a report on Tuesday, September 12th. Royal Bank Of Canada reaffirmed an outperform rating and issued a GBX 140 ($1.81) price target on shares of Petra Diamonds Limited in a report on Monday, September 11th. Finally, FinnCap reduced their price target on Petra Diamonds Limited from GBX 151 ($1.95) to GBX 120 ($1.55) and set a buy rating for the company in a report on Monday, September 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 136.09 ($1.76).

Shares of Petra Diamonds Limited (LON PDL) opened at 84.00 on Thursday. The stock’s market cap is GBX 442.46 million. The company’s 50 day moving average price is GBX 92.39 and its 200 day moving average price is GBX 116.75. Petra Diamonds Limited has a 52-week low of GBX 64.17 and a 52-week high of GBX 173.60.

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Petra Diamonds Limited Company Profile

Petra Diamonds Limited is an independent diamond mining company and supplier of rough diamonds to the international market. Its segments include Mining and Exploration. Mining segment includes the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. Exploration segment includes the exploration activities in Botswana and South Africa.

Analyst Recommendations for Petra Diamonds Limited (LON:PDL)

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