In the media

Diamondcorp Plc’s buy rating reaffirmed at Northland Capital Partners (DCP)

06 June 2014

Source: http://www.wkrb13.com

Author: Kristian Gore

Diamondcorp Plc (LON:DCP)‘s stock had its “buy” rating reiterated by analysts at Northland Capital Partners in a research report issued to clients and investors on Wednesday. They currently have a GBX 9.90 ($0.17) target price on the stock. Northland Capital Partners’ target price would indicate a potential upside of 55.90% from the stock’s previous close.

DCP has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday. They now have a GBX 19 ($0.32) price target on the stock. Separately, analysts at Northland Securities reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday. They now have a GBX 9.90 ($0.17) price target on the stock. Finally, analysts at FinnCap reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday, April 30th. They now have a GBX 800 ($13.41) price target on the stock. Eight investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of GBX 209.85 ($3.52).

Shares of Diamondcorp Plc (LON:DCP) opened at 7.70 on Wednesday. Diamondcorp Plc has a 52 week low of GBX 3.00 and a 52 week high of GBX 6.73. The stock’s 50-day moving average is GBX 5.87 and its 200-day moving average is GBX 5.59.

DiamondCorp plc is a United Kingdom-based diamond producer. The Company’s 74%-owned Lace diamond mine is located 200 kilometers southwest of Johannesburg in the Free State Province of South Africa.

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