Petra Diamonds Ltd Given Outperform Rating at RBC Capital (PDMDF)
Petra Diamonds Ltd (PINK:PDMDF)‘s stock had its “outperform” rating restated by RBC Capital in a research note issued on Tuesday, American Banking News.com reports.
PDMDF has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Petra Diamonds Ltd in a research note to investors on Tuesday. Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of Petra Diamonds Ltd in a research note to investors on Monday. Finally, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Petra Diamonds Ltd in a research note to investors on Tuesday, January 14th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Petra Diamonds Ltd has a consensus rating of “Buy” and a consensus target price of $172.50.
Shares of Petra Diamonds Ltd (PINK:PDMDF) remained flat at $1.95 during during mid-day trading trading on Tuesday. Petra Diamonds Ltd has a 1-year low of $1.60 and a 1-year high of $1.95. The stock’s 50-day moving average is $1.85 and its 200-day moving average is $1.84. The company has a market cap of $971.5 million and a price-to-earnings ratio of 31.97.
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