Panmure Gordon Reiterates Hold Rating for Petra Diamonds Limited (PDL)
Petra Diamonds Limited (LON:PDL)‘s stock had its “hold” rating reiterated by equities researchers at Panmure Gordon in a report issued on Monday. They currently have a GBX 120 ($1.57) price objective on the stock. Panmure Gordon’s target price would suggest a potential upside of 6.19% from the company’s current price.
Other analysts also recently issued reports about the company. FinnCap restated a “buy” rating and issued a GBX 213 ($2.78) price objective (up from GBX 197 ($2.57)) on shares of Petra Diamonds Limited in a report on Monday, July 25th. Investec increased their price objective on Petra Diamonds Limited from GBX 157 ($2.05) to GBX 168 ($2.19) and gave the company a “buy” rating in a report on Tuesday, July 19th. Canaccord Genuity restated a “buy” rating and issued a GBX 150 ($1.96) price objective on shares of Petra Diamonds Limited in a report on Tuesday, July 26th. Citigroup Inc. reaffirmed a “buy” rating on shares of Petra Diamonds Limited in a research report on Wednesday, September 14th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 130 ($1.70) price target on shares of Petra Diamonds Limited in a research report on Monday. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 144.64 ($1.89).
Petra Diamonds Limited (LON:PDL) opened at 115.79 on Monday. The firm’s 50-day moving average price is GBX 115.55 and its 200 day moving average price is GBX 114.91. Petra Diamonds Limited has a 12-month low of GBX 52.76 and a 12-month high of GBX 138.00. The company’s market capitalization is GBX 602.43 million.
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.
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 Analyst Ratings Network's FREE daily email newsletter.