Petra Diamonds Limited 51.7% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Petra Diamonds Limited with EPIC/TICKER (LON:PDL) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Petra Diamonds Limited are listed in the Basic Materials sector within International Main Market. Goldman Sachs have set their target price at 32 GBX on its stock. This now indicates the analyst believes there is a possible upside of 51.7% from today’s opening price of 21.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.86 points and decreased 1.26 points respectively. The 1 year high for the share price is 73.45 GBX while the year low stock price is currently 16.63 GBX.

Petra Diamonds Limited has a 50 day moving average of 20.96 GBX and the 200 Day Moving Average price is recorded at 32.57. There are currently 865,336,485 shares in issue with the average daily volume traded being 8,822,173. Market capitalisation for LON:PDL is £183,797,467 GBP.

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