J P Morgan Chase & Co reaffirmed their neutral rating on shares of Gemfields PLC (LON:GEM) in a report published on Monday morning.

Other analysts have also issued reports about the company. Panmure Gordon reiterated a buy rating and set a GBX 61 ($0.76) price objective on shares of Gemfields PLC in a report on Tuesday, November 1st. Numis Securities Ltd reiterated a buy rating and set a GBX 85 ($1.06) price objective on shares of Gemfields PLC in a report on Friday, December 2nd. Peel Hunt reiterated a buy rating and set a GBX 78 ($0.97) price objective on shares of Gemfields PLC in a report on Thursday, December 1st. FinnCap reiterated a corporate rating and set a GBX 100 ($1.25) price objective on shares of Gemfields PLC in a report on Monday, December 19th. Finally, Macquarie reiterated an outperform rating and set a GBX 110 ($1.37) price objective on shares of Gemfields PLC in a report on Monday, February 6th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of GBX 83.38 ($1.04).

Analyst Recommendations for Gemfields PLC (LON:GEM)

Gemfields PLC (LON:GEM) opened at 51.00 on Monday. The company has a 50 day moving average price of GBX 50.17 and a 200 day moving average price of GBX 47.38. The firm’s market cap is GBX 277.56 million. Gemfields PLC has a 1-year low of GBX 31.00 and a 1-year high of GBX 57.50.

This report was published by Watch List News and is the property of of Watch List News. If you are accessing this report on another site, it was stolen and reposted in violation of United States and international copyright legislation. The legal version of this report can be accessed at http://www.watchlistnews.com/gemfields-plc-gem-receives-neutral-rating-from-j-p-morgan-chase-co/1121597.html.

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.

Receive News & Ratings for Gemfields PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gemfields PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.