Petra Diamonds Limited (PDL) Earns “Buy” Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Petra Diamonds Limited (LON:PDL) in a research report released on Monday morning. They currently have a GBX 130 ($1.70) target price on the stock.
PDL has been the topic of several other research reports. Citigroup Inc. reiterated a buy rating on shares of Petra Diamonds Limited in a research note on Wednesday, September 14th. Macquarie reiterated an outperform rating and set a GBX 140 ($1.83) price objective on shares of Petra Diamonds Limited in a research note on Monday, September 5th. JPMorgan Chase & Co. dropped their price objective on shares of Petra Diamonds Limited from GBX 140 ($1.83) to GBX 137 ($1.79) and set an overweight rating on the stock in a research note on Thursday, September 15th. FinnCap reiterated a buy rating and set a GBX 213 ($2.78) price objective on shares of Petra Diamonds Limited in a research note on Monday. Finally, Canaccord Genuity upped their target price on shares of Petra Diamonds Limited from GBX 150 ($1.96) to GBX 165 ($2.15) and gave the stock a buy rating in a research report on Tuesday, August 23rd. Five research analysts have rated the stock with a hold rating and eight have assigned 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).
Petra Diamonds Limited (LON:PDL) opened at 119.5375 on Monday. The company’s 50 day moving average price is GBX 115.42 and its 200 day moving average price is GBX 114.88. Petra Diamonds Limited has a 12 month low of GBX 52.77 and a 12 month high of GBX 138.00. The firm’s market capitalization is GBX 621.92 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.
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