The Scotiabank Increases Dominion Diamond Corp (DDC) Price Target to C$19.50

The Scotiabank Increases Dominion Diamond Corp (DDC) Price Target to C$19.50

Several other equities analysts have also commented on DDC. TD Securities reiterated an “outperform” rating and issued a C$14.00 target price on shares of Dominion Diamond Corp in a research note on Thursday, February 23rd. Royal Bank of Canada dropped their target price on Dominion Diamond Corp to C$13.00 and set a “sector perform” rating for the company in a research note on Friday, February 24th.

Dominion Diamond Corp (TSE:DDC) (NYSE:DDC) had its price target hoisted by equities research analysts at Scotiabank to C$19.50 in a report released on Thursday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 13.70% from the stock’s previous close.

About Dominion Diamond Corp Dominion Diamond Corp is a diamond mining company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company’s segments include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. It supplies rough diamonds to the global market from its operation of the Ekati Diamond Mine (in which it owns a controlling interest) and its approximately 40% ownership interest in the Diavik Diamond Mine.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:DDC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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