Panmure Gordon Increases Firestone Diamonds PLC (FDI) Price Target to GBX 68
Firestone Diamonds PLC (LON:FDI) had its price objective hoisted by stock analysts at Panmure Gordon from GBX 34 ($0.42) to GBX 68 ($0.85) in a research report issued on Thursday. The firm presently has a “buy” rating on the stock. Panmure Gordon’s price target points to a potential upside of 20.35% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on FDI. FinnCap reaffirmed a “buy” rating and set a GBX 63 ($0.79) price objective on shares of Firestone Diamonds PLC in a report on Tuesday, November 1st. Macquarie lifted their price objective on Firestone Diamonds PLC from GBX 45 ($0.56) to GBX 60 ($0.75) and gave the company an “outperform” rating in a report on Monday, October 24th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 50.80 ($0.63).
Firestone Diamonds PLC (LON:FDI) opened at 56.50 on Thursday. Firestone Diamonds PLC has a 52 week low of GBX 16.00 and a 52 week high of GBX 58.50. The company’s market capitalization is GBX 174.63 million. The firm’s 50-day moving average price is GBX 55.16 and its 200-day moving average price is GBX 41.25.
In other news, insider Lucio Genovese bought 1,000,000 shares of the business’s stock in a transaction dated Thursday, September 22nd. The stock was bought at an average price of GBX 44 ($0.55) per share, for a total transaction of £440,000 ($549,725.14).
Firestone Diamonds PLC Company Profile
Firestone Diamonds plc is a United Kingdom-based diamond development company. The Company is focused on its Liqhobong Diamond Mine (Liqhobong), which is located in the Kingdom of Lesotho (Lesotho). The Company’s Liqhobong Diamond Mine is located in the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho.
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