Gem Diamonds Limited (LON:GEMD) has coverage initiated with a Buy rating and GBX 140 price target

0

Analyst Ratings For Gem Diamonds Limited (LON:GEMD)

Today, Berenberg Bank initiated coverage on Gem Diamonds Limited (LON:GEMD) with a Buy with a price target of GBX 140.

There are 5 Buy Ratings, 1 Sell Ratings, 1 Hold Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Gem Diamonds Limited (LON:GEMD) is Buy with a consensus target price of GBX 136.43 per share, a potential .

Some recent analyst ratings include

  • 9/20/2018-Gem Diamonds Limited (LON:GEMD) has coverage initiated with a Buy rating and GBX 140 price target
  • 9/5/2018-Gem Diamonds Limited (LON:GEMD) had its Buy rating reiterated by Canaccord Genuity with a GBX 145 price target
  • 6/11/2018-Gem Diamonds Limited (LON:GEMD) had its Buy rating reiterated by Citigroup with a GBX 150 price target
  • 11/23/2017-Gem Diamonds Limited (LON:GEMD) had its Buy rating reiterated by FinnCap with a GBX 150 price target


    About Gem Diamonds Limited (LON:GEMD)
    Gem Diamonds Limited explores for and develops diamond mines. The company owns 70% interest in the Let?eng mine located in the Kingdom of Lesotho; and 100% interest in the Ghaghoo mine located in Botswana. It also manufactures, sells, and markets rough and polished diamonds. In addition, the company provides technical, financial, and management consultancy services. It serves diamantaires and manufacturers in New York, Belgium, Israel, India, China, South Africa, the United Kingdom, the Middle East, and Switzerland. Gem Diamonds Limited was founded in 2005 and is headquartered in London, the United Kingdom.

    Recent Trading Activity for Gem Diamonds Limited (LON:GEMD)
    Shares of Gem Diamonds Limited closed the previous trading session at 119,50 up +3,50 3,02 % with shares trading hands.