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The title Petra Diamonds (LON: PDL) has been reissued by Canaccord Genuity badysts In a research note published on Monday, Canaccord Genuity's course objective is currently 80% (GBX 80), which suggests a potential upside of 81.82% over the previous closing of the title.
On Wednesday, April 4, Royal Bank of Canada lowered Petra Diamonds to an "industry sector" note JPMorgan Chase & Co. reduced its price target on Petra Diamonds of GBX 95 (1, $ 26) to GBX 90 ($ 1.19) and set an overweight rating for the company in a report on Monday, April 9, 2007. Shore Capital confirmed an "unrated" rating on Petra Diamonds shares in a report on Monday, April 23. to a "hold" note in a report on Friday, June 8. Finally, Panmure Gordon raised Petra Diamonds to a "buy" rating in a report on Friday, July 6th. An equity research badyst rated the stock with a caution rating and eight issued a buy-to-action note. The stock currently has an average rating of "Buy" and an average target price of GBX 96.44 ($ 1.28)
Petra Diamonds stock open at GBX 44 ($ 0.58) on Monday. Petra Diamonds has a one – year low of GBX 58.50 ($ 0.77) and a one – year high of GBX 140.20 ($ 1.86).
Company Profile Petra Diamonds
Petra Diamonds Limited is engaged in the extraction, exploration, processing, sorting and selling of rough diamonds. South Africa, Tanzania and Botswana. The main mining properties of the company are the Finsch and Cullinan properties located in South Africa.
For more information: Price / earnings ratio (PE)
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