Analyst Activity – Macquarie Lowers Its Price Target On Gemfields PLC (LON:GEM) to GBX 80

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Analyst Ratings For Gemfields PLC (LON:GEM)

Today, Macquarie lowered its price target on Gemfields PLC (LON:GEM) to GBX 80 per share.

There are 1 hold rating, 5 buy ratings on the stock.

The current consensus rating on Gemfields PLC (LON:GEM) is Buy (Score: 2.83) with a consensus target price of GBX 79 per share, a potential .

Some recent analyst ratings include

  • 2/21/2017-J P Morgan Chase & Co Reiterated Rating of Neutral.
  • 2/20/2017-Panmure Gordon Reiterated Rating of Under Review.
  • 12/20/2016-Numis Securities Ltd Reiterated Rating of Buy.
  • 8/31/2016-Investec Reiterated Rating of Buy.


    About Gemfields PLC (LON:GEM)
    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. Its assets include Kagem emerald mine, which covers an area of over 41 square kilometers and is located in the central part of the Ndola Rural Emerald Restricted Area in Zambia; Montepuez ruby mine, which is located in the Cabo Delgado province and covers an area of approximately 33,600 hectares, and Kariba amethyst mine, which is located in the southern part of Kalomo district, Zambia. The Company’s other assets include Eastern Ruby Mining Limitada, Mozambique-rubies, and Megaruma Mining Limitada, Mozambique-rubies.

    Recent Trading Activity for Gemfields PLC (LON:GEM)
    Shares of Gemfields PLC closed the previous trading session at 47.35 down -0.65 -1.35% with 119,901 shares trading hands.