Gem Diamonds Limited 8.4% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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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 110 GBX on its stock. This indicates the analyst now believes there is a potential upside of 8.4% from today’s opening price of 101.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.5 points and decreased 9.5 points respectively. The 52 week high share price is 125 GBX while the 52 week low for the stock is 78 GBX.

Gem Diamonds Limited has a 50 day moving average of 108.85 GBX and a 200 day moving average of 114.35. There are currently 138,929,114 shares in issue with the average daily volume traded being 80,557. Market capitalisation for LON:GEMD is £141,929,987 GBP.

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