Analyst Activity – J P Morgan Chase & Co Reiterates Overweight on Petra Diamonds Limited (LON:PDL)

Analyst Ratings For Petra Diamonds Limited (LON:PDL)

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Today, J P Morgan Chase & Co reiterated its Overweight rating on Petra Diamonds Limited (LON:PDL) with a price target of GBX 175.

There are 4 hold ratings, 9 buy ratings on the stock.

The current consensus rating on Petra Diamonds Limited (LON:PDL) is Buy (Score: 2.69) with a consensus target price of GBX 169.83 per share, a potential .

Some recent analyst ratings include

  • 2/21/2017-J P Morgan Chase & Co Reiterated Rating of Overweight.
  • 2/20/2017-Panmure Gordon Reiterated Rating of Hold.
  • 2/20/2017-Liberum Capital Reiterated Rating of Buy.
  • 2/13/2017-Citigroup Inc. Reiterated Rating of Neutral.
  • 2/6/2017-Macquarie Reiterated Rating of Outperform.
  • 1/24/2017-Barclays PLC Reiterated Rating of Overweight.

    About Petra Diamonds Limited (LON:PDL)
    Petra Diamonds Limited is an independent diamond mining company and supplier of rough diamonds to the international market. The Company’s segments include Mining and Exploration. The Mining segment includes the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. The Exploration segment includes the exploration activities in Botswana and South Africa. Its portfolio includes over four underground kimberlite mines, an open cast kimberlite mine and tailings retreatment programs. Its mines include Finsch, Cullinan, Koffiefontein, Kimberley Ekapa Mining and Williamson. The Cullinan ore body contains a diamond resource of approximately 194 million carats (Mcts). The Koffiefontein mine produces white stones. The Kimberley Underground operation comprises three kimberlite pipe mines: Bultfontein and Dutoitspan (serviced by the Joint Shaft and the Joint Shaft plant), and Wesselton (serviced by the Wesselton Shaft and the Wesselton plant).

    Recent Trading Activity for Petra Diamonds Limited (LON:PDL)
    Shares of Petra Diamonds Limited closed the previous trading session at 152.50 up +3.30 2.21% with 1,535,002 shares trading hands.

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