Petra Diamonds Limited (LON:PDL) had its target price upped by JPMorgan Chase & Co. from GBX 137 ($1.79) to GBX 139 ($1.81) in a report released on Wednesday, StockTargetPrices.com reports. The firm currently has an overweight rating on the stock.
Several other equities analysts have also issued reports on PDL. Citigroup Inc. reaffirmed a buy rating on shares of Petra Diamonds Limited in a report on Wednesday, September 14th. Macquarie reaffirmed an outperform rating and issued a GBX 140 ($1.83) price target on shares of Petra Diamonds Limited in a report on Monday, September 5th. FinnCap reaffirmed a buy rating and issued a GBX 213 ($2.78) price target on shares of Petra Diamonds Limited in a report on Monday, September 19th. Canaccord Genuity lifted their price target on shares of Petra Diamonds Limited from GBX 150 ($1.96) to GBX 165 ($2.15) and gave the stock a buy rating in a report on Tuesday, August 23rd. Finally, Investec lifted their price target on shares of Petra Diamonds Limited from GBX 157 ($2.05) to GBX 168 ($2.19) and gave the stock a buy rating in a report on Tuesday, July 19th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of GBX 141.92 ($1.85).
Shares of Petra Diamonds Limited (LON:PDL) opened at 120.00 on Wednesday. Petra Diamonds Limited has a 1-year low of GBX 52.76 and a 1-year high of GBX 138.00. The stock has a 50 day moving average price of GBX 115.95 and a 200 day moving average price of GBX 115.00. The stock’s market capitalization is GBX 627.82 million.
About Petra Diamonds Limited
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.
Receive News & Ratings for Petra Diamonds Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petra Diamonds Limited and related companies with MarketBeat.com's FREE daily email newsletter.