Gem Diamonds Limited 6.1% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Gem Diamonds Limited using EPIC/TICKER code (LON:GEMD) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. Gem Diamonds Limited are listed in the Basic Materials sector within International Main Market. Barclays Capital have set their target price at 80 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 6.1% from today’s opening price of 75.42 GBX. Over the last 30 and 90 trading days the company share price has decreased 8.78 points and decreased 16.78 points respectively. The 1 year high stock price is 124.1 GBX while the 52 week low for the stock is 75 GBX.

Gem Diamonds Limited has a 50 day moving average of 86.20 GBX and a 200 Day Moving Average share price is recorded at 101.35. There are currently 138,983,824 shares in issue with the average daily volume traded being 52,762. Market capitalisation for LON:GEMD is £104,821,597 GBP.

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