Barclays PLC Trims Petra Diamonds Limited (PDL) Target Price to GBX 118
Petra Diamonds Limited (LON:PDL) had its target price cut by Barclays PLC from GBX 135 ($1.78) to GBX 118 ($1.56) in a research note published on Tuesday. They currently have an overweight rating on the stock.
Other research analysts also recently issued research reports about the stock. FinnCap decreased their price target on shares of Petra Diamonds Limited from GBX 203 ($2.68) to GBX 151 ($1.99) and set a buy rating for the company in a research note on Monday, July 24th. Canaccord Genuity decreased their price target on shares of Petra Diamonds Limited from GBX 165 ($2.18) to GBX 150 ($1.98) and set a buy rating for the company in a research note on Thursday, July 20th. Liberum Capital reiterated a buy rating and issued a GBX 190 ($2.51) price target 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 ($1.29) price target for the company in a research note on Thursday, September 28th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. Petra Diamonds Limited currently has a consensus rating of Buy and an average target price of GBX 127.55 ($1.68).
Petra Diamonds Limited (LON PDL) remained flat at GBX 79.00 on Tuesday. The company had a trading volume of 1,255,765 shares. The stock’s market cap is GBX 419.01 million. The firm’s 50 day moving average is GBX 79.39 and its 200-day moving average is GBX 105.30. Petra Diamonds Limited has a 12 month low of GBX 59.25 and a 12 month high of GBX 173.60.
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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.
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