Diamondcorp Plc Receives “Buy” Rating from Northland Securities (DCP)
Diamondcorp Plc (LON:DCP)‘s stock had its “buy” rating reiterated by equities researchers at Northland Securities in a research report issued on Wednesday. They currently have a GBX 9.90 ($0.17) price objective on the stock. Northland Securities’ price objective suggests a potential upside of 55.23% from the company’s current price.
Diamondcorp Plc (LON:DCP) traded up 0.04% during mid-day trading on Wednesday, hitting GBX 6.3775. The stock had a trading volume of 1,368,374 shares. 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 5.8 and a 200-day moving average of GBX 5.59.
A number of other firms have also recently commented on DCP. 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. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday, April 30th. They now have a GBX 19 ($0.32) 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 analysts have rated the stock with a buy rating, Diamondcorp Plc currently has a consensus rating of “Buy” and an average target price 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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