The Analysts Set Dominion Diamond Corporation (DDC) PT at $14.78

The Analysts Set Dominion Diamond Corporation (DDC) PT at $14.78

The firm has "Outperform" rating given on Monday, September 14 by RBC Capital Markets. Analyst's mean target price for DDC is $14.85 while analysts mean recommendation is 1.80. Gabelli began coverage on shares of Dominion Diamond Corporation in a research note on Monday, April 3rd.

04/13/2015 - Dominion Diamond Corporation had its "buy" rating reiterated by analysts at Citigroup.

Dominion Diamond Corporation (NYSE:DDC)'s stock on Monday traded at beginning with a price of $14.01 and when day-trade ended the stock finally popped up 4.38% to reach at $14.07. Finally, BMO Capital Markets lowered Dominion Diamond Corp from an "outperform" rating to a "market perform" rating and set a C$18.00 price objective for the company.in a report on Tuesday.

The Washington Companies has announced that the company will acquire all of a Dominion Diamond Corporation's outstanding common shares, with a total equity value estimated at around $1.2 billion. The firm earned "Hold" rating on Friday, April 28 by RBC Capital Markets. The stock of Dominion Diamond Corp (NYSE:DDC) has "Sector Perform" rating given on Monday, June 13 by RBC Capital Markets. The stock has "Overweight" rating by Barclays Capital on Wednesday, September 21. The company's stock had a trading volume of 35,152,369 shares. The company rocked its 52-Week High of $14.07 and touched its 52-Week Low of $7.92. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence).

Gujarat high court dismisses Essar Steel petition
According to a senior lawyer, "Now, Essar Steel has the option of going to the Supreme Court". In addition, the apex bank has also appointed advocates Amar Bhatt and Rajendra Barot .

More notable recent Dominion Diamond Corp (NYSE:DDC) news were published by: Marketwatch.com which released: "Dominion Diamond agrees to be acquired by The Washington Cos. for $1.2 billion" on July 17, 2017, also Reuters.com with their article: "Canada's Dominion Diamond accepts sweetened bid from United States billionaire" published on July 17, 2017, Law360.com published: "Dominion Diamond Backs $1.2B Washington Cos". The company have shares float of 77.97 million. Next quarter's EPS is expected be $0.34 and the next full year EPS is projected to be $1.21.

Having a peek at growth estimates of the company, Dominion Diamond Corp (NYSE:DDC) has current quarter growth estimates of 261.5% however it has 666.7% estimations over growth for the next quarter.

TRADEMARK VIOLATION NOTICE: "Dominion Diamond Corporation (DDC) Price Target Raised to $14.25" was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of US & global copyright and trademark laws. They now have a United States dollars 20.89 price target on the stock.

"The Washington offer delivers compelling and immediate value to Dominion shareholders at an attractive premium that recognizes the intrinsic value of Dominion and provides shareholders certainty through an all-cash offer", said Jim Gowans, Chair of the Board of Dominion Diamond Corporation. Sei Investments Co. increased its stake in Dominion Diamond Corporation by 529.5% in the first quarter. Neuberger Berman Group LLC now owns 2,890,263 shares of the basic materials company's stock worth $36,504,000 after buying an additional 307,837 shares during the last quarter. CWM LLC boosted its stake in Dominion Diamond Corporation by 3.3% in the second quarter.

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