Petra Diamonds Limited Given Average Recommendation of “Buy” by Brokerages (LON:PDL)
Petra Diamonds Limited (LON:PDL) has earned a consensus rating of “Buy” from the fifteen brokerages that are presently covering the company, Analyst Ratings Network reports. Four equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 206.73 ($3.47).
Shares of Petra Diamonds Limited (LON:PDL) opened at 198.40 on Monday. 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 197. and a 200-day moving average of GBX 167.1. The company’s market cap is £1.012 billion.
A number of analysts have recently weighed in on PDL shares. Analysts at Bank of America reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note on Monday, August 4th. They now have a GBX 240 ($4.03) price target on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of Petra Diamonds Limited to an “add” rating in a research note on Tuesday, July 29th. They now have a GBX 240 ($4.03) price target on the stock, up previously from GBX 220 ($3.69). Finally, analysts at Beaufort Securities upgraded shares of Petra Diamonds Limited to a “buy” rating in a research note on Tuesday, July 29th.
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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