GEM has been the topic of a number of other research reports. Macquarie reissued an outperform rating and issued a GBX 100 ($1.31) target price on shares of Gemfields PLC in a report on Monday, September 5th. Investec reissued a buy rating and issued a GBX 80 ($1.04) target price on shares of Gemfields PLC in a report on Wednesday, August 31st. JPMorgan Chase & Co. boosted their target price on Gemfields PLC from GBX 40 ($0.52) to GBX 43 ($0.56) and gave the company a neutral rating in a report on Thursday, September 15th. FinnCap reissued a corporate rating and issued a GBX 85 ($1.11) target price on shares of Gemfields PLC in a report on Wednesday, June 15th. Finally, Peel Hunt reissued a buy rating and issued a GBX 70 ($0.91) target price on shares of Gemfields PLC in a report on Monday, June 20th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 75.63 ($0.99).
Gemfields PLC (LON:GEM) opened at 53.00 on Monday. The firm’s market capitalization is GBX 288.33 million. The company has a 50-day moving average price of GBX 41.26 and a 200 day moving average price of GBX 40.47. Gemfields PLC has a 1-year low of GBX 31.00 and a 1-year high of GBX 60.00.
Gemfields PLC Company Profile
Gemfields plc is a supplier of colored gemstones. The Company’s segments include Zambia, which include emerald and beryl mining activities; Mozambique, which include ruby and corundum mining activities; UK, which include sales of cut and polished gemstones, marketing, technical and administrative services; Faberge, which include the wholesale and retail sales of jewelry, and Other, which include new projects, traded auctions, sales and marketing offices.
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