Petra Diamonds Ltd Receives “Buy” Rating from Westhouse Securities (PDMDF)
Petra Diamonds Ltd (PINK:PDMDF)‘s stock had its “buy” rating restated by equities research analysts at Westhouse Securities in a research note issued to investors on Monday, Stock Ratings News reports.
Petra Diamonds Ltd (PINK:PDMDF) opened at 1.95 on Monday. Petra Diamonds Ltd has a one year low of $1.60 and a one year high of $1.95. The stock has a 50-day moving average of $1.85 and a 200-day moving average of $1.84. The company has a market cap of $971.5 million and a P/E ratio of 31.97.
A number of other analysts have also recently weighed in on PDMDF. 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. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Petra Diamonds Ltd in a research note to investors on Monday, January 13th. Finally, analysts at Investec initiated coverage on shares of Petra Diamonds Ltd in a research note to investors on Monday, December 16th. They set a “buy” rating on the stock. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $172.50.
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