Diamondcorp Plc Given “Buy” Rating at Panmure Gordon (DCP)
Diamondcorp Plc (LON:DCP)‘s stock had its “buy” rating reiterated by Panmure Gordon in a research note issued on Wednesday. They currently have a GBX 19 ($0.32) target price on the stock. Panmure Gordon’s price objective indicates a potential upside of 204.00% from the stock’s previous close.
Shares of Diamondcorp Plc (LON:DCP) opened at 6.30 on Wednesday. Diamondcorp Plc has a 52 week low of GBX 3.00 and a 52 week high of GBX 6.50. The stock has a 50-day moving average of GBX 5.82 and a 200-day moving average of GBX 5.59.
DCP has been the subject of a number of other recent research reports. Analysts at Northland Securities reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday. They now have a GBX 9.90 ($0.17) price target on the stock. Separately, analysts at FinnCap reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday, April 30th. They now have a GBX 800 ($13.41) price target on the stock. Finally, analysts at Merchant Securities reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday, April 30th. They now have a GBX 15 ($0.25) price target on the stock. Eight research analysts have rated the stock with a buy rating, Diamondcorp Plc presently has an average rating of “Buy” and a consensus price target of GBX 209.85 ($3.52).
DiamondCorp plc is a United Kingdom-based diamond producer. The Company’s 74%-owned Lace diamond mine is located 200 kilometers southwest of Johannesburg in the Free State Province of South Africa.
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