London: Citigroup Inc. reaffirmed their neutral rating on shares of Gem Diamonds Limited in a research report sent to investors on Tuesday morning. The firm currently has a GBX 115 ($1.43) target price on the stock.

A number of other research analysts have also weighed in on the company. Panmure Gordon cut their price objective on Gem Diamonds Limited from GBX 162 ($2.02) to GBX 156 ($1.94) and set a buy rating for the company in a research report on Monday. Liberum Capital reiterated a buy rating and issued a GBX 160 ($1.99) price target on shares of Gem Diamonds Limited in a research report on Monday.

FinnCap reiterated a buy rating and issued a GBX 185 ($2.30) price target on shares of Gem Diamonds Limited in a research report on Monday, January 16th. Barclays PLC dropped their price target on Gem Diamonds Limited from GBX 110 ($1.37) to GBX 100 ($1.25) and set an underweight rating for the company in a research report on Monday, January 9th. Finally, J P Morgan Chase & Co reissued a neutral rating and issued a GBX 115 ($1.43) price objective on shares of Gem Diamonds Limited in a research note on Wednesday, December 14th.

One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 135.67 ($1.69).

Gem Diamonds Limited remained flat at GBX 117.00 on Tuesday. The company had a trading volume of 128,970 shares. The company’s market capitalization is GBX 161.46 million. The company’s 50 day moving average is GBX 110.72 and its 200 day moving average is GBX 117.86. Gem Diamonds Limited has a 52-week low of GBX 96.25 and a 52-week high of GBX 148.00.