The Gemfields PLC (GEM) Earns “not rated” Rating from Shore Capital

The Gemfields PLC (GEM) Earns “not rated” Rating from Shore Capital

A number of other research analysts also recently issued reports on GEM. Macquarie reaffirmed an outperform rating and set a GBX 80 ($1.03) price target (down from GBX 110 ($1.41)) on shares of Gemfields PLC in a report on Tuesday, February 21st. Numis Securities Ltd reissued a buy rating and issued a GBX 80 ($1.03) target price on shares of Gemfields PLC in a report on Tuesday, February 21st. Peel Hunt reissued a buy rating on shares of Gemfields PLC in a report on Friday, May 19th. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 53 ($0.68) target price on shares of Gemfields PLC in a report on Tuesday, February 7th. Finally, Panmure Gordon reissued an under review rating on shares of Gemfields PLC in a report on Monday, February 20th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Gemfields PLC has a consensus rating of Buy and a consensus price target of GBX 77.75 ($1.00).

Shore Capital restated their not rated rating on shares of Gemfields PLC (LON:GEM) in a research report report published on Wednesday morning.

Shares of Gemfields PLC (GEM) opened at 35.1101 on Wednesday. The company’s market capitalization is GBX 191.68 million. The stock’s 50 day moving average price is GBX 39.44 and its 200-day moving average price is GBX 45.92. Gemfields PLC has a 1-year low of GBX 31.00 and a 1-year high of GBX 57.50. About Gemfields PLC

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:GEM”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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