Petra Diamonds Limited 76.6% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Petra Diamonds Limited with EPIC/TICKER (LON:PDL) has 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 their target price at 35 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 76.6% from today’s opening price of 19.82 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.5 points and increased 2.33 points respectively. The 52 week high for the share price is currently at 58.2 GBX while the year low stock price is currently 16.63 GBX.

Petra Diamonds Limited has a 50 day moving average of 22.37 GBX and a 200 Day Moving Average share price is recorded at 30.89. There are currently 865,336,485 shares in issue with the average daily volume traded being 4,569,939. Market capitalisation for LON:PDL is £176,615,175 GBP.

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