Gemfields PLC (LON:GEM)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a research report issued to clients and investors on Monday.
Several other equities analysts have also recently commented on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of Gemfields PLC in a research report on Monday, October 3rd. FinnCap upped their price objective on shares of Gemfields PLC from GBX 85 ($1.11) to GBX 100 ($1.31) and gave the stock a “corporate” rating in a research report on Sunday, October 2nd. Macquarie reiterated an “outperform” rating and set a GBX 90 ($1.17) price objective on shares of Gemfields PLC in a research report on Tuesday, September 27th. Panmure Gordon reiterated a “buy” rating and set a GBX 61 ($0.80) price objective on shares of Gemfields PLC in a research report on Monday, September 26th. Finally, Investec reiterated a “buy” rating and set a GBX 80 ($1.04) price objective on shares of Gemfields PLC in a research report on Wednesday, August 31st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 76.43 ($1.00).
Shares of Gemfields PLC (LON:GEM) opened at 51.22 on Monday. The firm’s market capitalization is GBX 278.76 million. The firm has a 50-day moving average of GBX 43.70 and a 200 day moving average of GBX 40.86. Gemfields PLC has a 12-month low of GBX 31.00 and a 12-month high of GBX 54.75.
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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