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Petra Diamonds Limited 55.7% Potential Upside Indicated by Barclays Capital

Petra Diamonds Limited with EPIC/TICKER (LON:PDL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Petra Diamonds Limited are listed in the Basic Materials sector within International Main Market. Barclays Capital have set their target price at 26 GBX on its stock. This indicates the analyst now believes there is a potential upside of 55.7% from the opening price of 16.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.46 points and decreased 1.1 points respectively. The 52 week high for the stock is 49 GBX while the 52 week low for the stock is 15.43 GBX.

Petra Diamonds Limited has a 50 day moving average of 21.54 GBX and the 200 Day Moving Average price is recorded at 29.76. There are currently 865,336,485 shares in issue with the average daily volume traded being 2,670,706. Market capitalisation for LON:PDL is £135,425,156 GBP.