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Investment analysts at FinnCap lifted their price target on shares of Petra Diamonds Limited (LON:PDL) from GBX 171 ($2.87) to GBX 180 ($3.03) in a note issued to investors on Friday. The firm currently has a “corporate” rating on the stock. FinnCap’s price objective would indicate a potential upside of 7.72% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Petra Diamonds Limited in a research note on Friday, May 9th. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note on Thursday, April 24th. They now have a GBX 200 ($3.36) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note on Wednesday, April 23rd. They now have a GBX 194 ($3.26) price target on the stock. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 183.15 ($3.08).

Petra Diamonds Limited (LON:PDL) traded up 7.72% on Friday, hitting GBX 180.00. 2,237,104 shares of the company’s stock traded hands. Petra Diamonds Limited has a one year low of GBX 105.30 and a one year high of GBX 180.00. The stock has a 50-day moving average of GBX 161.3 and a 200-day moving average of GBX 143.0. The company’s market cap is £918.5 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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