Petra Diamonds Ltd’s Buy Rating Reaffirmed at Citigroup Inc. (PDMDF)
Petra Diamonds Ltd (PINK:PDMDF)‘s stock had its “buy” rating reiterated by analysts at Citigroup Inc. in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. They currently have a $157.00 target price on the stock.
Petra Diamonds Ltd (PINK:PDMDF) remained flat at $1.90 during during mid-day trading trading on Monday. Petra Diamonds Ltd has a 52-week low of $1.60 and a 52-week high of $1.93. The stock’s 50-day moving average is $1.87 and its 200-day moving average is $1.76. The company has a market cap of $967.9 million and a price-to-earnings ratio of 31.15.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Petra Diamonds Ltd in a research note to investors on Friday, September 27th. They now have a $160.00 price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Petra Diamonds Ltd in a research note to investors on Tuesday, September 17th. They now have a $160.00 price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Petra Diamonds Ltd in a research note to investors on Monday, September 16th. They now have a $150.00 price target on the stock. Nine research analysts have rated the stock with a buy rating, Petra Diamonds Ltd presently has a consensus rating of “Buy” and a consensus price target of $164.29.
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