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Gem Diamonds Ltd (LON: GEMD) was the recipient of a ratings changes during the seven days:

  • Gem Diamonds Ltd had its “underperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a GBX 100 ($1.64) price target on the stock.
  • Gem Diamonds Ltd had its “buy” rating reaffirmed by analysts at FinnCap. They now have a GBX 190 ($3.12) price target on the stock.
  • Gem Diamonds Ltd had its price target raised by analysts at Citigroup Inc. from GBX 182 ($2.99) to GBX 191 ($3.14). They now have a “buy” rating on the stock.
  • Gem Diamonds Ltd had its price target raised by analysts at JPMorgan Chase & Co. from GBX 190 ($3.12) to GBX 200 ($3.29). They now have an “overweight” rating on the stock.
  • Gem Diamonds Ltd had its “buy” rating reaffirmed by analysts at Westhouse Securities. They now have a GBX 220 ($3.62) price target on the stock.
  • Gem Diamonds Ltd had its “buy” rating reaffirmed by analysts at Charles Stanley Securities. They now have a GBX 193 ($3.17) price target on the stock.

Shares of Gem Diamonds Ltd (LON:GEMD) traded down 0.32% during mid-day trading on Wednesday, hitting GBX 157.75. 27,201 shares of the company’s stock traded hands. Gem Diamonds Ltd has a one year low of GBX 106.00 and a one year high of GBX 177.50. The stock’s 50-day moving average is GBX 152.3 and its 200-day moving average is GBX 151.. The company’s market cap is £218.2 million.

Gem Diamonds Limited is a global diamond producer. The Company focuses primarily on extracting diamonds through the mining of its mineral resources at its operating assets.

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