Gem Diamonds Ltd (LON:GEMD) “Buy” Rating Maintained by Analysts at finnCap; With GBX 150.00 Target; Last Week City of London Investment Group PLC (LON:CLIG) Coverage

May 23, 2017 - By Louis Casey

The financial firm have set target of GBX 150.00 on Gem Diamonds Ltd (LON:GEMD) shares. This is 65.75% from the last stock close price. In analysts note released on Tuesday, 23 May, finnCap restate their “Buy” rating on shares of GEMD.

Among 2 analysts covering City of London Investment Group PLC (LON:CLIG), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. City of London Investment Group PLC had 8 analyst reports since September 14, 2015 according to SRatingsIntel. As per Monday, October 19, the company rating was maintained by Canaccord Genuity. The stock has “Hold” rating by N+1 Singer on Wednesday, October 5. Canaccord Genuity maintained City of London Investment Group PLC (LON:CLIG) rating on Monday, September 14. Canaccord Genuity has “Buy” rating and GBX 400 target. N+1 Singer maintained the stock with “Hold” rating in Tuesday, April 11 report. The stock of City of London Investment Group PLC (LON:CLIG) has “Buy” rating given on Monday, February 15 by Canaccord Genuity. The stock has “Hold” rating by N+1 Singer on Thursday, September 22. N+1 Singer maintained City of London Investment Group PLC (LON:CLIG) on Tuesday, February 21 with “Hold” rating. The rating was maintained by Canaccord Genuity on Thursday, October 8 with “Buy”. See City of London Investment Group PLC (LON:CLIG) latest ratings:

11/04/2017 Broker: N+1 Singer Rating: Hold Old Target: GBX 378.00 New Target: GBX 378.00 Maintain
21/02/2017 Broker: N+1 Singer Rating: Hold New Target: GBX 378.00 Maintain

About 5,212 shares traded. City of London Investment Group PLC (LON:CLIG) has 0.00% since May 23, 2016 and is . It has underperformed by 16.70% the S&P500.

City of London Investment Group PLC is a United Kingdom institutional asset manager focused on closed-end fund investments. The company has market cap of 105.68 million GBP. The Firm offers developed, frontier, tactical asset allocation and private equity closed-end fund strategies. It has a 13 P/E ratio. The Company’s clients include the United States based pension funds, foundations and endowments.

It is down 0.00% since May 23, 2016 and is . It has underperformed by 16.70% the S&P500.

Gem Diamonds Limited is a United Kingdom diamond producer, which is engaged in the exploration and development of diamond mines. The company has market cap of 124.98 million GBP. The Firm operates diamond mining activities in Lesotho and Botswana. It currently has negative earnings. The Company’s geographical divisions include Lesotho, which is involved in diamond mining activities; Botswana, which is engaged in diamond mining activities; Belgium, which is involved in the sales, marketing and manufacturing of diamonds, and British Virgin Islands , Republic of South Africa (RSA) and the United Kingdom, which provides technical and administrative services.

Among 13 analysts covering Gem Diamonds Ltd (LON:GEMD), 4 have Buy rating, 3 Sell and 6 Hold. Therefore 31% are positive. Gem Diamonds Ltd has GBX 279 highest and GBX 80 lowest target. GBX 130.25’s average target is 44.72% above currents GBX 90 stock price. Gem Diamonds Ltd had 101 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 16 by FinnCap. The stock of Gem Diamonds Limited (LON:GEMD) has “Overweight” rating given on Wednesday, March 16 by Barclays Capital. FinnCap maintained Gem Diamonds Limited (LON:GEMD) rating on Wednesday, June 15. FinnCap has “Buy” rating and GBX 270 target. The stock has “Underweight” rating by Barclays Capital on Wednesday, September 21. Panmure Gordon maintained the shares of GEMD in report on Wednesday, November 11 with “Buy” rating. The stock has “Buy” rating by Panmure Gordon on Wednesday, March 15. Barclays Capital maintained Gem Diamonds Limited (LON:GEMD) rating on Thursday, May 5. Barclays Capital has “Overweight” rating and GBX 180 target. The firm earned “Buy” rating on Monday, September 14 by Panmure Gordon. The stock of Gem Diamonds Limited (LON:GEMD) has “Buy” rating given on Wednesday, September 2 by FinnCap. The stock of Gem Diamonds Limited (LON:GEMD) earned “Buy” rating by Liberum Capital on Thursday, July 30.