Petra Diamonds Limited (LON:PDL) has been assigned a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 151.50 ($1.97).

Several equities analysts recently issued reports on PDL shares. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 160 ($2.08) price objective on shares of Petra Diamonds Limited in a research note on Tuesday, July 25th. Barclays PLC reduced their price objective on Petra Diamonds Limited from GBX 200 ($2.60) to GBX 185 ($2.40) and set an “overweight” rating on the stock in a research note on Friday, April 21st. Liberum Capital restated a “buy” rating and set a GBX 190 ($2.47) price objective on shares of Petra Diamonds Limited in a research note on Wednesday, June 28th. Canaccord Genuity restated a “buy” rating and set a GBX 165 ($2.14) price objective on shares of Petra Diamonds Limited in a research note on Monday, April 24th. Finally, Panmure Gordon restated a “hold” rating and set a GBX 152 ($1.97) price objective on shares of Petra Diamonds Limited in a research note on Monday, April 24th.

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Shares of Petra Diamonds Limited (LON:PDL) traded down 0.60% during trading on Friday, hitting GBX 91.30. 1,203,097 shares of the stock were exchanged. Petra Diamonds Limited has a 12-month low of GBX 87.81 and a 12-month high of GBX 173.60. The firm has a 50 day moving average of GBX 100.09 and a 200-day moving average of GBX 124.89. The company’s market cap is GBX 480.92 million.

Petra Diamonds Limited Company Profile

Petra Diamonds Limited is an independent diamond mining company and supplier of rough diamonds to the international market. Its segments include Mining and Exploration. Mining segment includes the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. Exploration segment includes the exploration activities in Botswana and South Africa.

Analyst Recommendations for Petra Diamonds Limited (LON:PDL)

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