Gem Diamonds Limited 3.4% Potential Upside Indicated by Berenberg

Broker Ratings

Gem Diamonds Limited using EPIC/TICKER code (LON:GEMD) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Gem Diamonds Limited are listed in the Basic Materials sector within International Main Market. Berenberg have set their target price at 95 GBX on its stock. This indicates the analyst now believes there is a potential upside of 3.4% from today’s opening price of 91.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 12.6 points and decreased 19.6 points respectively. The 52 week high for the share price is currently at 125 GBX while the year low stock price is currently 83 GBX.

Gem Diamonds Limited has a 50 day moving average of 102.14 GBX and a 200 day moving average of 112.11. There are currently 138,929,114 shares in issue with the average daily volume traded being 73,400. Market capitalisation for LON:GEMD is £127,675,857 GBP.

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