Petra Diamonds Limited Rating Reiterated by Westhouse Securities (PDL)
Petra Diamonds Limited (LON:PDL)‘s stock had its “neutral” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Monday. They currently have a GBX 200 ($3.40) target price on the stock. Westhouse Securities’ target price points to a potential downside of 8.87% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Sanlam Securities reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note on Monday. Separately, analysts at FinnCap reiterated a “corporate” rating on shares of Petra Diamonds Limited in a research note on Monday. Finally, analysts at Canaccord Genuity raised their price target on shares of Petra Diamonds Limited from GBX 195 ($3.31) to GBX 255 ($4.33) in a research note on Tuesday, July 22nd. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 197.64 ($3.36).
Petra Diamonds Limited (LON:PDL) traded up 3.32% during mid-day trading on Monday, hitting GBX 218.00. The stock had a trading volume of 1,519,962 shares. Petra Diamonds Limited has a 52 week low of GBX 105.30 and a 52 week high of GBX 220.865. The stock has a 50-day moving average of GBX 191.5 and a 200-day moving average of GBX 161.. The company’s market cap is £1.112 billion.
Petra Diamonds Limited (LON:PDL) is an independent diamond mining company and a supplier of rough diamonds to the international market.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.