Diamondcorp Plc’s Buy Rating Reiterated at WH Ireland (DCP)
Diamondcorp Plc (LON:DCP)‘s stock had its “buy” rating reiterated by analysts at WH Ireland in a research report issued to clients and investors on Thursday. They currently have a GBX 17.90 ($0.30) price objective on the stock. WH Ireland’s price target indicates a potential upside of 151.23% from the company’s current price.
Shares of Diamondcorp Plc (LON:DCP) traded up 1.75% during mid-day trading on Thursday, hitting GBX 7.25. The stock had a trading volume of 446,190 shares. Diamondcorp Plc has a 52 week low of GBX 4.993 and a 52 week high of GBX 8.25. The stock has a 50-day moving average of GBX 7.05 and a 200-day moving average of GBX 6.29.
Other equities research analysts have also recently issued reports about the stock. Analysts at Northland Securities reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Thursday. They now have a GBX 11 ($0.18) price target on the stock. Separately, analysts at Northland Capital Partners reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Friday, August 1st. They now have a GBX 11 ($0.18) price target on the stock. Nine equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of GBX 188.77 ($3.12).
DiamondCorp plc is a United Kingdom-based diamond producer. The Company’s 74%-owned Lace diamond mine is located 200 kilometers southwest of Johannesburg in the Free State Province of South Africa.
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