Trading Report: The Stornoway Diamond Co. (SWY) Stock Rating Reaffirmed by Scotiabank

The Stornoway Diamond Co. (SWY) Stock Rating Reaffirmed by Scotiabank

Scotiabank restated their outperform rating on shares of Stornoway Diamond Co. (TSE:SWY) in a research note published on Friday. Scotiabank currently has a C$1.35 price objective on the stock.

A number of other analysts also recently issued reports on the stock. Royal Bank Of Canada reiterated an outperform rating and issued a C$1.50 price target on shares of Stornoway Diamond in a report on Friday, August 26th. TD Securities reiterated a hold rating and issued a C$1.30 price target on shares of Stornoway Diamond in a report on Wednesday, August 10th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of C$1.43.

Shares of Stornoway Diamond (TSE:SWY) opened at 1.11 on Friday. The firm has a 50-day moving average of $1.12 and a 200 day moving average of $1.05. The stock’s market capitalization is $915.60 million. Stornoway Diamond has a one year low of $0.65 and a one year high of $1.20.

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