Petra Diamonds Limited Receives Average Recommendation of “Buy” from Brokerages (LON:PDL)
Petra Diamonds Limited (LON:PDL) has earned a consensus recommendation of “Buy” from the fourteen analysts that are currently covering the company, AnalystRatings.Net reports. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 162.75 ($2.67).
A number of research firms have recently commented on PDL. Analysts at Westhouse Securities downgraded shares of Petra Diamonds Limited to an “add” rating in a research note on Friday. They now have a GBX 170 ($2.79) price target on the stock, up previously from GBX 150 ($2.46). Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note on Monday, February 3rd. They now have a GBX 170 ($2.79) price target on the stock.
Petra Diamonds Limited (LON:PDL) traded up 1.01% during mid-day trading on Friday, hitting GBX 149.50. 367,270 shares of the company’s stock traded hands. Petra Diamonds Limited has a 1-year low of GBX 97.56 and a 1-year high of GBX 149.50. The stock has a 50-day moving average of GBX 129.6 and a 200-day moving average of GBX 120.7. The company’s market cap is £744.8 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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