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July 4, 2018 – By olga

Petra Diamonds Ltd. (LON: PDL) Upgrading the stock

The note of the action Petra Diamonds Ltd (LON: PDL) was increased by RBC Capital Markets research analysts to a respectable "outperformance". They currently have a target price of 65.00 GBX on PDL. The RBC Capital Markets price target means a potential upside of 22.13% over the last closing of the company.

Coverage ratings of Petra Diamonds Limited (LON: PDL)

Among the 6 analysts covering Petra Diamonds Ltd. (LON: PDL), 4 having Buy Evaluation, 1 Sale and 1 Waiting. As a result, 67% are positive. Petra Diamonds Ltd has the highest GBX 115 and GBX 65 targets the lowest. The average goal of GBX 82 is 52.68% above the GBX 53.7059 share price. Petra Diamonds Ltd has had 13 analyst reports since January 8, 2018 according to SRatingsIntel. The rating was maintained by Canaccord Genuity on Friday, June 15 with "Buy". Barclays Capital has held the stock with an "Overweight" rating in its Monday, January 8 report. The firm won the "Overweight" rating on Tuesday, February 20th by JP Morgan. RBC Capital Markets maintained the Petra Diamonds Limited (LON: PDL) rating on Monday, January 29. RBC Capital Markets has an "outperformance" rating and a GBX 100 target. The firm earned a "Hold" rating on Friday, June 8 by Liberum Capital. The title of Petra Diamonds Limited (LON: PDL) has an "Overweight" rating given Thursday, April 12 by JP Morgan. Shore Capital maintained the title "Not Rated" in its report of Monday, April 23. The company earned an "outperformance" rating from RBC Capital Markets on Wednesday, July 4th. The company was held on Monday, April 9 by JP Morgan. The company was downgraded on Wednesday, April 4 by RBC Capital Markets.

The stock rose 0.48% or GBX 0.2559 during the last trading session, reaching 53.7059 GBX. Approximately 1.84 million shares exchanged. Petra Diamonds Limited (LON: PDL) has 0.00% since July 4, 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 464.74 million. The main mining properties of the company are the Finsch and Cullinan properties located in South Africa. He currently has negative gains. It also provides treasury services, enrichment and other services.

Another recent and important article from Petra Diamonds Limited (LON: PDL) was published by Mining.com which publishes an article titled: "Petra Diamonds Gets $ 170 Million to Reduce Debt" on June 13, 2018. [19659012] Receive News and Reviews by E-mail – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings with our FREE daily electronic newsletter.