Petra Diamonds Limited (PDL) Stock Rating Reaffirmed by Canaccord Genuity
Petra Diamonds Limited (LON:PDL)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity in a research report issued on Monday. They presently have a GBX 165 ($2.20) price target on the stock. Canaccord Genuity’s price target would indicate a potential upside of 45.37% from the company’s current price.
A number of other research analysts have also recently commented on the company. Panmure Gordon reaffirmed a “hold” rating and set a GBX 120 ($1.60) price target on shares of Petra Diamonds Limited in a research report on Monday. Liberum Capital reaffirmed a “buy” rating and set a GBX 130 ($1.73) price target on shares of Petra Diamonds Limited in a research report on Monday. FinnCap reaffirmed a “buy” rating and set a GBX 213 ($2.84) price target on shares of Petra Diamonds Limited in a research report on Monday. JPMorgan Chase & Co. dropped their price target on Petra Diamonds Limited from GBX 140 ($1.86) to GBX 137 ($1.82) and set an “overweight” rating on the stock in a research report on Thursday. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of Petra Diamonds Limited in a research report on Wednesday, September 14th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 146.38 ($1.95).
Shares of Petra Diamonds Limited (LON:PDL) opened at 114.75 on Monday. The company has a 50-day moving average price of GBX 115.91 and a 200 day moving average price of GBX 114.53. The firm’s market capitalization is GBX 597.02 million. Petra Diamonds Limited has a 1-year low of GBX 52.76 and a 1-year high of GBX 138.00.
Petra Diamonds Limited Company Profile
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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