Today, Firestone Diamonds PLC (FDI) Earns “Outperform” Rating from Macquarie

Today, Firestone Diamonds PLC (FDI) Earns “Outperform” Rating from Macquarie

Firestone Diamonds PLC (LON:FDI)‘s stock had its “outperform” rating reaffirmed by analysts at Macquarie in a research report issued on Monday. They presently have a GBX 45 ($0.56) price target on the stock. Macquarie’s target price would indicate a potential downside of 19.64% from the stock’s previous close.

Separately, FinnCap raised their price objective on shares of Firestone Diamonds PLC from GBX 51 ($0.63) to GBX 52 ($0.64) and gave the stock a “buy” rating in a research note on Friday, September 9th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 41 ($0.51).

Firestone Diamonds PLC (LON:FDI) opened at 55.80 on Monday. Firestone Diamonds PLC has a 52-week low of GBX 14.98 and a 52-week high of GBX 57.00. The stock’s market capitalization is GBX 172.46 million. The firm has a 50-day moving average of GBX 47.65 and a 200-day moving average of GBX 36.48.

In related news, insider Lucio Genovese bought 1,000,000 shares of the business’s stock in a transaction on Thursday, September 22nd. The stock was bought at an average price of GBX 44 ($0.54) per share, for a total transaction of £440,000 ($544,554.46).

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