FinnCap Reiterates Corporate Rating for Petra Diamonds Limited (PDL)
A number of other firms have also recently commented on PDL. 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 ($4.01) 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 ($4.01) price target on the stock, up previously from GBX 220 ($3.68). Finally, analysts at Beaufort Securities upgraded shares of Petra Diamonds Limited to a “buy” rating in a research note on Tuesday, July 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 208.90 ($3.49).
Petra Diamonds Limited (LON:PDL) traded up 4.84% during mid-day trading on Monday, hitting GBX 199.20. 1,157,042 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 220.865. The stock’s 50-day moving average is GBX 197.6 and its 200-day moving average is GBX 168.2. The company’s market cap is £1.017 billion.
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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