Shares of Petra Diamonds Limited (LON:PDL) have received an average recommendation of “Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 151.50 ($1.97).

Several brokerages have weighed in on PDL. Panmure Gordon reissued a “hold” rating and issued a GBX 152 ($1.97) price target on shares of Petra Diamonds Limited in a report on Monday, April 24th. Liberum Capital reaffirmed a “buy” rating and set a GBX 130 ($1.69) target price on shares of Petra Diamonds Limited in a report on Wednesday, August 9th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 165 ($2.14) target price on shares of Petra Diamonds Limited in a report on Monday, April 24th. FinnCap reaffirmed a “buy” rating and set a GBX 203 ($2.64) target price on shares of Petra Diamonds Limited in a report on Tuesday, April 25th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 170 ($2.21) target price on shares of Petra Diamonds Limited in a report on Tuesday, April 25th.

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Petra Diamonds Limited (PDL) opened at 92.60 on Friday. The firm has a 50-day moving average price of GBX 100.09 and a 200-day moving average price of GBX 124.89. The stock’s market cap is GBX 487.76 million. Petra Diamonds Limited has a 12 month low of GBX 87.85 and a 12 month high of GBX 173.60.

About Petra Diamonds Limited

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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