Liberum Capital Reaffirms “Buy” Rating for Petra Diamonds Limited (PDL)
Petra Diamonds Limited (LON:PDL)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 200 ($3.34) target price on the stock. Liberum Capital’s price objective would suggest a potential upside of 5.26% from the company’s current price.
Petra Diamonds Limited (LON:PDL) traded up 4.68% on Monday, hitting GBX 198.90. The stock had a trading volume of 1,014,521 shares. Petra Diamonds Limited has a one year low of GBX 105.30 and a one year high of GBX 220.865. The stock has a 50-day moving average of GBX 197.2 and a 200-day moving average of GBX 167.3. The company’s market cap is £1.015 billion.
A number of other firms have also recently commented on PDL. Analysts at Panmure Gordon reiterated a “sell” rating on shares of Petra Diamonds Limited in a research note on Monday. They now have a GBX 171 ($2.86) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Petra Diamonds Limited in a research note on Monday. They now have a GBX 200 ($3.34) price target on the stock. Finally, analysts at FinnCap reiterated a “corporate” rating on shares of Petra Diamonds Limited in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 208.90 ($3.49).
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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