Petra Diamonds Ltd (LON: PDL) appears to be a stock that Panmure Gordon is excited about; Firm stock upgrades



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July 6, 2018 – By Peter Kolinski

Petra Diamonds Ltd. (LON: PDL) Upgrading Stock

Petra Diamonds Ltd. (LON: PDL) shares were raised by Panmure Gordon to a purchase Rating in an badyst's note issued to investors and clients on Friday morning

Cover of notes by Petra Diamonds Limited (LON: PDL)

Among 7 badysts covering Petra Diamonds Ltd (LON: PDL) , 5 have and 1 Hold. As a result, 71% are positive. Petra Diamonds Ltd has the highest GBX 115 and GBX 65 targets the lowest. The average goal of GBX 82 is 43.58% above the GBX 57.1109 share price. Petra Diamonds Ltd had 14 badyst reports since January 8, 2018 according to SRatingsIntel. RBC Capital Markets downgraded Petra Diamonds Limited (LON: PDL) on Wednesday, April 4 to "Sector Performer". Liberum Capital downgraded the shares of PDL in its report of Friday, June 8 to the "Hold" rating. On Monday, January 29, the RBC Capital Markets credit rating was maintained with "Outperformance". The stock was quoted "Buy" by Canaccord Genuity on Monday, February 26. Canaccord Genuity maintained it with a "Buy" rating and a target of 80 GBX in the report on Friday, June 15th. The note was maintained by JP Morgan on Monday, April 9 with "Overweight". As of Thursday, January 11, the company's rating was maintained by JP Morgan. The firm was rated "Not Rated" on Monday, April 23 by Shore Capital. The rating was maintained by Canaccord Genuity on Thursday, March 8 with "Buy". The title of Petra Diamonds Limited (LON: PDL) was rated "Buy" by Panmure Gordon on Friday, July 6th.

The stock rose 2.07% or GBX 1,1609 in the last trading session, hitting GBX 57,109. Approximately 1.63 million shares exchanged. Petra Diamonds Limited (LON: PDL) has 0.00% since July 6, 2017 and is. It underperformed the S & P 500 by 12.57%.

Petra Diamonds Limited is engaged in the extraction, exploration, processing, sorting and selling of rough diamonds. in South Africa, Tanzania and Botswana. The market capitalization of the company is GBP 494.20 million. The main mining properties of the company are the Finsch and Cullinan properties located in South Africa. He currently has negative gains.

Other news for Petra Diamonds Limited (LON: PDL) was recently published by: Mining.com, which published: "Petra Diamonds sells a stake in Kimberley Ekapa JV for $ 22 million" On 5 July 2018. The Mining.com article titled: "Petra Diamonds Gets $ 170 Million to Help Reduce Debt" and published June 13, 2018 is another important article.

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By Peter Kolinski

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