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Petra Diamonds Limited (LON:PDL)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Monday, Analyst Ratings News reports. They currently have a GBX 170 ($2.79) price target on the stock. Numis Securities Ltd’s target price indicates a potential upside of 23.28% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note to investors on Monday. They now have a GBX 150 ($2.47) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note to investors on Thursday, January 23rd. They now have a GBX 160 ($2.63) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Petra Diamonds Limited in a research note to investors on Tuesday, January 21st. They now have a GBX 160 ($2.63) price target on the stock. One research analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 161.08 ($2.65).

Petra Diamonds Limited (LON:PDL) opened at 137.20 on Monday. Petra Diamonds Limited has a 1-year low of GBX 97.56 and a 1-year high of GBX 138.60. The stock’s 50-day moving average is GBX 121.9 and its 200-day moving average is GBX 119.1. The company’s market cap is £683.5 million.

Petra Diamonds Limited (LON:PDL) is an independent diamond mining company and a supplier of rough diamonds to the international market.

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