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Petra Diamonds (LON: PDL) saw its Barclays reduced price from GBX 70 ($ 0.93) to GBX 65 ($ 0.86) in a research note issued Tuesday for investors, which currently displays an "overweight" rating, which suggests a potential upside of 44.77% over the previous closing of the stock
. Canaccord Genuity confirmed a "buy" note and on Monday set a target price of 80 GBX ($ 1.06) on Petra Diamonds shares in a research note, BMO Capital Markets reaffirmed its "outperformance" rating. has set a target price of GBX 85 ($ 1.13) on Petra Diamonds shares in a research note on Tuesday, July 10, 2009. Panmure Gordon has raised the shares of Petra Diamonds to a "buy" rating in a note of search on Friday, July 6th. Canada raised shares of Petra Diamonds to "outperform" and reduce their company price target from GBX 80 ($ 1.06) to GBX 65 ($ 0.86) in a research report on Wednesday 4 July. Finally, Liberum Capital downgraded Petra Diamonds shares to a "hold" rating in a research report on Friday, June 8. An analyst rated the stock with a holdback rating and eight awarded a buy-to-action rating. Petra Diamonds has an average rating of "Buy" and an average price of GBX 96.44 ($ 1.28).
The shares of LON PDL opened at GB.90 44.90 ($ 0.59) on Tuesday. Petra Diamonds has a fifty-two week low of GBX 58.50 ($ 0.77) and a fifty-two week high of GBX 140.20 ($ 1.86).
About Petra Diamonds
Petra Diamonds Limited is dedicated to the extraction, exploration, processing, sorting and sale of rough diamonds in South Africa, Tanzania and Botswana . The main mining properties of the company are the Finsch and Cullinan properties located in South Africa.
History of the Industry: Earnings Per Action
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