Shares of Gemfields PLC (LON:GEM) have been given an average rating of “Buy” by the nine research firms that are currently covering the company. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 79.17 ($1.03).

GEM has been the topic of a number of recent research reports. FinnCap reiterated a “corporate” rating and set a GBX 95 ($1.24) price target on shares of Gemfields PLC in a research report on Wednesday, April 19th. JPMorgan Chase & Co. reduced their price target on shares of Gemfields PLC from GBX 53 ($0.69) to GBX 48 ($0.62) and set a “neutral” rating on the stock in a research report on Thursday, March 16th. Macquarie increased their price target on shares of Gemfields PLC from GBX 80 ($1.04) to GBX 90 ($1.17) and gave the company an “outperform” rating in a research report on Monday, April 3rd. Peel Hunt reduced their price target on shares of Gemfields PLC from GBX 93 ($1.21) to GBX 83 ($1.08) and set a “buy” rating on the stock in a research report on Tuesday, April 25th. Finally, Panmure Gordon reiterated an “under review” rating on shares of Gemfields PLC in a research report on Monday, April 3rd.

Shares of Gemfields PLC (LON:GEM) opened at 33.8325 on Friday. The firm’s 50-day moving average is GBX 40.81 and its 200-day moving average is GBX 46.51. Gemfields PLC has a 12-month low of GBX 31.00 and a 12-month high of GBX 57.50. The company’s market capitalization is GBX 184.71 million.

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Gemfields PLC Company Profile

Gemfields plc is a supplier of colored gemstones. The Company operates through five segments: Zambia, which includes emerald and beryl mining activities; Mozambique, which includes ruby and corundum mining activities; UK, which includes sales of cut and polished gemstones, marketing, technical and administrative services; Faberge, which includes wholesale and retail sales of jewelry and watches, and Other, which includes new projects and traded auctions.

12 Month Chart for LON:GEM

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