Petra Diamonds Limited Rating Reiterated by Numis Securities Ltd (PDL)
Petra Diamonds Limited (LON:PDL)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Friday, AnalystRatings.Net reports. They currently have a GBX 200 ($3.35) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 22.77% from the company’s current price.
Petra Diamonds Limited (LON:PDL) opened at 162.90 on Friday. Petra Diamonds Limited has a 52-week low of GBX 97.56 and a 52-week high of GBX 172.60. The stock’s 50-day moving average is GBX 135.5 and its 200-day moving average is GBX 122.2. The company’s market cap is £811.6 million.
A number of other firms have also recently commented on PDL. Analysts at FinnCap reiterated a “corporate” rating on shares of Petra Diamonds Limited in a research note on Thursday. They now have a GBX 170 ($2.85) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note on Wednesday. They now have a GBX 163 ($2.73) price target on the stock. Finally, analysts at Westhouse Securities downgraded shares of Petra Diamonds Limited to an “add” rating in a research note on Friday, February 14th. They now have a GBX 170 ($2.85) price target on the stock, up previously from GBX 150 ($2.51). Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 164.17 ($2.75).
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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