Trading Report: Today, Stornoway Diamond’s (SWY) Outperform Rating Reaffirm at Scotiabank

Today, Stornoway Diamond’s (SWY) Outperform Rating Reaffirm at Scotiabank

Scotiabank reissued their outperform rating on shares of Stornoway Diamond Co. (TSE:SWY) in a research report report published on Thursday. The firm currently has a C$1.35 price target on the stock.

Several other equities research analysts have also recently weighed in on SWY. Royal Bank Of Canada reissued an outperform rating and set a C$1.50 price objective on shares of Stornoway Diamond in a research note on Friday, August 26th. TD Securities reduced their price objective on Stornoway Diamond from C$1.30 to C$1.25 and set a hold rating on the stock in a research note on Tuesday, November 15th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Stornoway Diamond presently has an average rating of Buy and an average target price of C$1.42.

Shares of Stornoway Diamond (TSE:SWY) opened at 1.01 on Thursday. The company’s 50-day moving average price is $1.12 and its 200 day moving average price is $1.07. Stornoway Diamond has a one year low of $0.66 and a one year high of $1.33. The stock’s market capitalization is $834.80 million.

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