Dominion Diamond Corp (DDC) Receives Average Rating of “Buy” from Brokerages
Dominion Diamond Corp (TSE:DDC) (NYSE:DDC) has been given an average rating of “Buy” by the six brokerages that are covering the stock. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$19.20.
A number of equities research analysts have weighed in on DDC shares. TD Securities restated a “buy” rating and set a C$19.00 price objective on shares of Dominion Diamond Corp in a research note on Friday, September 9th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$14.00 target price on shares of Dominion Diamond Corp in a research report on Tuesday, September 6th. Scotiabank reiterated an “outperform” rating and issued a C$14.00 target price on shares of Dominion Diamond Corp in a research report on Friday, October 21st. Finally, BMO Capital Markets decreased their target price on Dominion Diamond Corp from C$22.00 to C$18.00 and set an “outperform” rating for the company in a research report on Tuesday, August 23rd.
Shares of Dominion Diamond Corp (TSE:DDC) opened at 12.44 on Tuesday. The stock’s market cap is $1.06 billion. Dominion Diamond Corp has a 1-year low of $9.96 and a 1-year high of $16.82. The company’s 50-day moving average price is $11.69 and its 200 day moving average price is $12.08.
About Dominion Diamond Corp
Dominion Diamond Corporation is a diamond mining company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company’s segments include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. It supplies rough diamonds to the global market from its operation of the Ekati Diamond Mine (in which it owns a controlling interest) and its approximately 40% ownership interest in the Diavik Diamond Mine.
Receive News & Stock Ratings for Dominion Diamond Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Diamond Corp and related stocks with our FREE daily email newsletter.