GEM has been the subject of a number of other reports. Investec reiterated a buy rating and issued a GBX 80 ($1.04) target price on shares of Gemfields PLC in a research note on Wednesday, August 31st. JPMorgan Chase & Co. lifted their target price on shares of Gemfields PLC from GBX 40 ($0.52) to GBX 43 ($0.56) and gave the stock a neutral rating in a research note on Thursday, September 15th. Panmure Gordon reiterated a buy rating and issued a GBX 61 ($0.80) target price on shares of Gemfields PLC in a research note on Monday. FinnCap reiterated a corporate rating and issued a GBX 85 ($1.11) target price on shares of Gemfields PLC in a research note on Wednesday, June 15th. Finally, Peel Hunt reiterated a buy rating and issued a GBX 70 ($0.91) target price on shares of Gemfields PLC in a research note on Monday, June 20th. One investment analyst has rated the stock with a hold rating and six have assigned 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 51.32 on Tuesday. The company’s 50 day moving average is GBX 41.26 and its 200-day moving average is GBX 40.47. Gemfields PLC has a 12 month low of GBX 31.00 and a 12 month high of GBX 60.00. The company’s market cap is GBX 279.19 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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