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Gem Diamonds Limited (LON:GEMD)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a report released on Thursday.

Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets reiterated an “underperform” rating on shares of Gem Diamonds Limited in a research note on Wednesday. They now have a GBX 100 ($1.67) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Gem Diamonds Limited in a research note on Wednesday. They now have a GBX 190 ($3.18) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Gem Diamonds Limited in a research note on Wednesday. They now have a GBX 235 ($3.93) price target on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. Gem Diamonds Limited presently has an average rating of “Buy” and an average price target of GBX 199.45 ($3.33).

Gem Diamonds Limited (LON:GEMD) opened at 218.00 on Thursday. Gem Diamonds Limited has a 1-year low of GBX 137.00 and a 1-year high of GBX 210.00. The stock’s 50-day moving average is GBX 187.1 and its 200-day moving average is GBX 169.. The company’s market cap is £301.3 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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