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Petra Diamonds Limited 3.1% Potential Upside Indicated by Berenberg

Petra Diamonds Limited with EPIC/TICKER (LON:PDL) had its stock rating noted as ‘Initiates/Starts’ 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 40 GBX on its stock. This now indicates the analyst believes there is a possible upside of 3.1% from today’s opening price of 38.78 GBX. Over the last 30 and 90 trading days the company share price has increased 2.12 points and decreased 17.37 points respectively. The 1 year high for the stock price is 75.74 GBX while the year low stock price is currently 32.56 GBX.

Petra Diamonds Limited has a 50 day moving average of 41.46 GBX and the 200 Day Moving Average price is recorded at 45.28. There are currently 865,336,485 shares in issue with the average daily volume traded being 4,648,278. Market capitalisation for LON:PDL is £327,689,887 GBP.