Petra Diamonds Limited (LON:PDL) was downgraded by research analysts at Citigroup Inc. to a “neutral” rating in a research note issued on Tuesday. They presently have a GBX 120 ($1.57) price objective on the stock. Citigroup Inc.’s target price would suggest a potential upside of 6.67% from the stock’s previous close.

PDL has been the subject of several other reports. Barclays PLC reiterated an “overweight” rating and issued a GBX 145 ($1.89) target price on shares of Petra Diamonds Limited in a report on Tuesday. Canaccord Genuity reiterated a “buy” rating and issued a GBX 165 ($2.15) target price on shares of Petra Diamonds Limited in a report on Monday. Panmure Gordon reiterated a “hold” rating and issued a GBX 120 ($1.57) target price on shares of Petra Diamonds Limited in a report on Monday. Liberum Capital reiterated a “buy” rating and issued a GBX 130 ($1.70) target price on shares of Petra Diamonds Limited in a report on Monday. Finally, FinnCap reiterated a “buy” rating and issued a GBX 213 ($2.78) target price on shares of Petra Diamonds Limited in a report on Monday. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Petra Diamonds Limited has an average rating of “Buy” and a consensus target price of GBX 144.50 ($1.89).

Analyst Recommendations for Petra Diamonds Limited (LON:PDL)

Shares of Petra Diamonds Limited (LON:PDL) opened at 112.033 on Tuesday. Petra Diamonds Limited has a 52-week low of GBX 52.77 and a 52-week high of GBX 138.00. The firm’s market cap is GBX 582.88 million. The stock has a 50 day moving average of GBX 115.52 and a 200 day moving average of GBX 114.84.

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.