Petra Diamonds Limited’s (PDL) “Outperform” Rating Reaffirmed at Macquarie
PDL has been the topic of a number of other reports. Canaccord Genuity reissued a buy rating and issued a GBX 165 ($2.01) price target on shares of Petra Diamonds Limited in a report on Monday, September 19th. Liberum Capital reissued a buy rating and issued a GBX 130 ($1.58) price target on shares of Petra Diamonds Limited in a report on Monday, September 19th. Barclays PLC reissued an overweight rating and issued a GBX 145 ($1.77) price target on shares of Petra Diamonds Limited in a report on Tuesday, September 20th. FinnCap reaffirmed a buy rating and set a GBX 197 ($2.40) price objective on shares of Petra Diamonds Limited in a report on Friday, July 8th. Finally, Citigroup Inc. reaffirmed a buy rating on shares of Petra Diamonds Limited in a report on Wednesday, September 14th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Petra Diamonds Limited currently has a consensus rating of Buy and an average price target of GBX 143.46 ($1.75).
Shares of Petra Diamonds Limited (LON:PDL) opened at 136.00 on Monday. The company has a 50-day moving average price of GBX 124.93 and a 200-day moving average price of GBX 117.91. The stock’s market cap is GBX 711.53 million. Petra Diamonds Limited has a 52 week low of GBX 52.76 and a 52 week high of GBX 149.38.
In related news, insider Jim Davidson sold 50,823 shares of the firm’s stock in a transaction dated Friday, October 14th. The stock was sold at an average price of GBX 1 ($0.01), for a total transaction of £508.23 ($619.41).
Petra Diamonds Limited Company Profile
Petra Diamonds Limited is a diamond mining company and a supplier of rough diamonds to the international market. The Company’s segments include Mining and Exploration. Its Mining segment is engaged in the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. Its Exploration segment is engaged in exploration activities in Botswana.
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