Liberum Capital restated their buy rating on shares of Petra Diamonds Limited (LON:PDL) in a research report sent to investors on Wednesday, August 9th. The firm currently has a GBX 130 ($1.69) price target on the stock.
PDL has been the subject of several other reports. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 160 ($2.08) price objective on shares of Petra Diamonds Limited in a research report on Tuesday, July 25th. FinnCap reissued a buy rating and issued a GBX 203 ($2.64) price objective on shares of Petra Diamonds Limited in a research report on Wednesday, April 19th. Investec lowered their price objective on shares of Petra Diamonds Limited from GBX 110 ($1.43) to GBX 87 ($1.13) and set a sell rating for the company in a research report on Thursday, June 29th. Panmure Gordon reissued a hold rating and issued a GBX 152 ($1.97) price objective on shares of Petra Diamonds Limited in a research report on Monday, April 24th. Finally, Barclays PLC lowered their price target on shares of Petra Diamonds Limited from GBX 200 ($2.60) to GBX 185 ($2.40) and set an overweight rating for the company in a research report on Friday, April 21st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 151.73 ($1.97).
Shares of Petra Diamonds Limited (LON:PDL) opened at 91.30 on Wednesday. The stock’s market capitalization is GBX 480.92 million. The stock’s 50 day moving average is GBX 100.09 and its 200-day moving average is GBX 124.89. Petra Diamonds Limited has a 12-month low of GBX 87.81 and a 12-month high of GBX 173.60.
About Petra Diamonds Limited
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.
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