Gem Diamonds Limited 50.3% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Gem Diamonds Limited with EPIC/TICKER (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 a target price of 110 GBX on its stock. This indicates the analyst now believes there is a potential upside of 50.3% from the opening price of 73.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.3 points and decreased 18.8 points respectively. The 1 year high stock price is 124.1 GBX while the year low share price is currently 68.8 GBX.

Gem Diamonds Limited has a 50 day moving average of 77.89 GBX and the 200 Day Moving Average price is recorded at 95.40. There are currently 138,983,824 shares in issue with the average daily volume traded being 61,416. Market capitalisation for LON:GEMD is £102,014,128 GBP.

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