A number of other research firms have also recently commented on GEM. Panmure Gordon restated a buy rating and set a GBX 61 ($0.80) price target on shares of Gemfields PLC in a research note on Monday, September 26th. Macquarie restated an outperform rating and set a GBX 100 ($1.31) price target on shares of Gemfields PLC in a research note on Monday, August 22nd. Investec restated a buy rating and set a GBX 80 ($1.04) price target on shares of Gemfields PLC in a research note on Wednesday, August 31st. FinnCap restated a corporate rating and set a GBX 85 ($1.11) price target on shares of Gemfields PLC in a research note on Monday, September 26th. Finally, Peel Hunt decreased their price target on Gemfields PLC from GBX 78 ($1.02) to GBX 70 ($0.91) and set a buy rating on the stock in a research note on Monday, June 13th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Gemfields PLC presently has a consensus rating of Buy and a consensus target price of GBX 77.50 ($1.01).
Shares of Gemfields PLC (LON:GEM) opened at 52.25 on Monday. Gemfields PLC has a one year low of GBX 31.00 and a one year high of GBX 56.00. The stock has a 50 day moving average price of GBX 43.37 and a 200 day moving average price of GBX 40.79. The stock’s market capitalization is GBX 284.36 million.
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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