Northland Securities Reiterates “Buy” Rating for Diamondcorp Plc (DCP)
Diamondcorp Plc (LON:DCP)‘s stock had its “buy” rating restated by analysts at Northland Securities in a research report issued to clients and investors on Thursday. They currently have a GBX 11 ($0.18) price objective on the stock. Northland Securities’ price objective suggests a potential upside of 51.72% from the company’s current price.
A number of other analysts have also recently weighed in on DCP. 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. Separately, analysts at WH Ireland reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Thursday, July 31st. They now have a GBX 17.90 ($0.30) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Thursday, July 31st. They now have a GBX 19 ($0.31) price target on the stock. Nine 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).
Shares of Diamondcorp Plc (LON:DCP) traded up 1.75% 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 6.30.
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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