Petra Diamonds Limited’s (PDL) “not rated” Rating Reiterated at Shore Capital
Petra Diamonds Limited (LON:PDL)‘s stock had its “not rated” rating restated by equities research analysts at Shore Capital in a note issued to investors on Monday.
Other equities research analysts also recently issued reports about the stock. FinnCap decreased their price objective on shares of Petra Diamonds Limited from GBX 203 ($2.69) to GBX 151 ($2.00) and set a “buy” rating for the company in a research note on Monday, July 24th. Canaccord Genuity decreased their target price on shares of Petra Diamonds Limited from GBX 165 ($2.19) to GBX 150 ($1.99) and set a “buy” rating for the company in a research note on Thursday, July 20th. Liberum Capital restated a “buy” rating and issued a GBX 190 ($2.52) target price on shares of Petra Diamonds Limited in a research note on Wednesday, June 28th. Finally, Panmure Gordon upgraded shares of Petra Diamonds Limited to a “buy” rating and set a GBX 98 ($1.30) target price for the company in a research note on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 130.36 ($1.73).
Petra Diamonds Limited (PDL) traded down 5.39% during trading on Monday, hitting GBX 79.00. 1,499,182 shares of the company were exchanged. The company has a 50-day moving average of GBX 84.69 and a 200-day moving average of GBX 110.51. Petra Diamonds Limited has a 12 month low of GBX 59.25 and a 12 month high of GBX 173.60. The company’s market capitalization is GBX 419.01 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.
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