Petra Diamonds Receives Average Rating of “Buy” from Brokerages (PINK:PDMDF)
Petra Diamonds (PINK:PDMDF) has received an average rating of “Buy” from the eleven brokerages that are covering the stock, Stock Ratings Network reports. Two analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $185.00.
A number of analysts have recently weighed in on PDMDF shares. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Petra Diamonds in a research note on Wednesday. Separately, analysts at Westhouse Securities downgraded shares of Petra Diamonds to an “add” rating in a research note on Friday, February 14th. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Petra Diamonds in a research note on Monday, February 3rd.
Petra Diamonds (PINK:PDMDF) remained flat at $2.54 during during mid-day trading trading on Thursday. Petra Diamonds has a one year low of $1.60 and a one year high of $2.54. The stock has a 50-day moving average of $2.14 and a 200-day moving average of $1.92. The company has a market cap of $1.265 billion and a P/E ratio of 41.64.
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