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Petra Diamonds Limited 10.4% Potential Upside Indicated by Berenberg

Petra Diamonds Limited using EPIC/TICKER code (LON:PDL) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Petra Diamonds Limited are listed in the Basic Materials sector within International Main Market. Berenberg have set their target price at 9 GBX on its stock. This indicates the analyst now believes there is a potential upside of 10.4% from the opening price of 8.15 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.48 points and decreased 12.95 points respectively. The 1 year high share price is 46.42 GBX while the year low stock price is currently 6.92 GBX.

Petra Diamonds Limited has a 50 day moving average of 11.06 GBX and the 200 Day Moving Average price is recorded at 22.75. There are currently 865,336,485 shares in issue with the average daily volume traded being 9,634,336. Market capitalisation for LON:PDL is £68,448,114 GBP.