Petra Diamonds Limited (LON: PDL)‘s stock had its “add” rating restated by Westhouse Securities in a research note issued on Wednesday, ARN reports. They currently have a GBX 125 ($1.89) price target on the stock. Westhouse Securities’ price objective suggests a potential upside of 4.60% from the stock’s previous close.
Petra Diamonds Limited (LON: PDL) opened at 119.20 on Wednesday. Petra Diamonds Limited has a 1-year low of GBX 96.00 and a 1-year high of GBX 133.90. The stock’s 50-day moving average is currently GBX 107.0. The company’s market cap is £603.9 million.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note to investors on Monday. They now have a GBX 152 ($2.30) price target on the stock, up previously from GBX 151 ($2.28). Separately, analysts at Numis Securities Ltd upgraded shares of Petra Diamonds Limited from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, July 10th. They now have a GBX 160 ($2.42) price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Petra Diamonds Limited in a research note to investors on Thursday, July 4th. They now have a GBX 170 ($2.57) price target on the stock.
Ten investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of GBX 160.25 ($2.42).
Petra Diamonds Limited (LON: PDL) is an independent diamond mining company and a supplier of rough diamonds to the international market.