On Wednesday analysts at Peel Hunt reiterated Gemfields PLC’s (LON:GEM) shares as ‘Buy’ in a research note issued to investors.
Following Peel Hunt’s latest price target of 93 on the business this highlights that the broker now believes there is an increase of 86.93% from Gemfields PLC’s current share price of 49.75.
The number of shares Gemfields PLC currently has in issue is 544,237,000, which have a value of 49.75 per share calculating Gemfields PLC’s market capitalisation to 270.76M GBP.
Shares in Gemfields PLC have risen as high as 57.5 in the past 52 weeks whilst the lowest price in the last 52 weeks has been 31. The business’s 50 day moving average is 51.13 and its 200 day moving average is 44.26.