Gem Diamonds Limited 18.4% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Gem Diamonds Limited using EPIC/TICKER code (LON:GEMD) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Gem Diamonds Limited are listed in the Basic Materials sector within International Main Market. JP Morgan Cazenove have set their target price at 75 GBX on its stock. This now indicates the analyst believes there is a possible upside of 18.4% from the opening price of 63.37 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.83 points and decreased 8.63 points respectively. The 52 week high share price is 117.5 GBX while the 52 week low for the stock is 58.8 GBX.

Gem Diamonds Limited has a 50 day moving average of 71.18 GBX and a 200 Day Moving Average share price is recorded at 83.99. There are currently 138,983,824 shares in issue with the average daily volume traded being 283,248. Market capitalisation for LON:GEMD is £88,093,505 GBP.

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