Petra Diamonds Limited 36.8% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Petra Diamonds Limited using EPIC/TICKER code (LON:PDL) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Petra Diamonds Limited are listed in the Basic Materials sector within International Main Market. JP Morgan Cazenove have set a target price of 10 GBX on its stock. This would imply the analyst believes there is now a potential upside of 36.8% from the opening price of 7.31 GBX. Over the last 30 and 90 trading days the company share price has increased 0.47 points and decreased 2.09 points respectively. The 52 week high for the share price is currently at 46.42 GBX while the year low share price is currently 6.21 GBX.

Petra Diamonds Limited has a 50 day moving average of 8.14 GBX and a 200 Day Moving Average share price is recorded at 17.51. There are currently 865,336,485 shares in issue with the average daily volume traded being 13,949,222. Market capitalisation for LON:PDL is £64,034,900 GBP.

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