Petra Diamonds Limited (PDL) Given Buy Rating at Liberum Capital

Liberum Capital reiterated their buy rating on shares of Petra Diamonds Limited (LON:PDL) in a research note published on Monday morning. They currently have a GBX 115 ($1.51) target price on the stock.

A number of other equities analysts also recently issued reports on PDL. J P Morgan Chase & Co lowered their price target on Petra Diamonds Limited from GBX 190 ($2.50) to GBX 160 ($2.10) and set an overweight rating on the stock in a research report on Thursday, June 29th. Investec lowered their price target on Petra Diamonds Limited from GBX 110 ($1.45) to GBX 87 ($1.14) and set a sell rating on the stock in a research report on Thursday, June 29th. Barclays PLC lowered their price target on Petra Diamonds Limited from GBX 185 ($2.43) to GBX 154 ($2.02) and set an overweight rating on the stock in a research report on Friday, July 14th. Canaccord Genuity lowered their price target on Petra Diamonds Limited from GBX 165 ($2.17) to GBX 150 ($1.97) and set a buy rating on the stock in a research report on Thursday, July 20th. Finally, FinnCap lowered their price target on Petra Diamonds Limited from GBX 203 ($2.67) to GBX 151 ($1.99) and set a buy rating on the stock in a research report on Monday, July 24th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. Petra Diamonds Limited currently has a consensus rating of Buy and a consensus target price of GBX 130.36 ($1.71).

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Petra Diamonds Limited Company Profile

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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