Diamond Prices

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Diamond Offshore Drilling Inc (NYSE:DO) traded down 6.9% during mid-day trading on Friday , AnalystRatings.Net reports. The company traded as low as $16.59 and last traded at $16.91, with a volume of 2,210,379 shares changing hands. The stock had Gem Diamonds Limited (LON:GEMD) had its price objective raised by Barclays from GBX 120 ($1.75) to GBX 140 ($2.04) in a research note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. They currently have an overweight rating on the stock. diamond prices had a terrible 2015, but reduced production and inventories coupled with increasing retail demand are helping to brighten prospects for the precious stones and the miners extracting them. "Our highly conservative valuation approach RAPAPORT PRESS RELEASE, January 5, 2015, New York … Polished diamond market sentiment improved in December as shortages supported prices and dealers filled last-minute holiday orders. Initial reports about U.S. holiday season jewelry sales are positive. Surat: The new year has ushered in a positive note for the diamantaires in Surat. After facing a sharp decline in 2015, the polished diamond prices recovered in the new year giving hope to diamantaires over improved market condtions. According to US-based Seaport Global Securities upgraded shares of Diamond Offshore Drilling from a “reduce” rating to a “neutral” rating and reduced their price target for the company from $18.00 to $17.00 in a research report on Wednesday. JPMorgan Chase & Co .

NEW YORK--(BUSINESS WIRE)--Polished diamond market sentiment improved in December as shortages supported prices and dealers filled last-minute holiday orders. Initial reports about U.S. holiday season jewelry sales are positive. General retail sales were Lucara Diamond Corp. (TSE:LUC) had its target price boosted by investment analysts at Haywood Securities to C$3.15 in a research note issued on Tuesday, StockTargetPrices.com reports. Haywood Securities’ price objective points to a potential upside of 45 Gem Diamonds Limited (LON:GEMD) had its price target raised by stock analysts at Barclays from GBX 120 ($1.75) to GBX 140 ($2.04) in a report issued on Tuesday, Analyst Ratings.Net reports. The firm presently has an “overweight” rating on the stock. Gem Diamonds Limited (LON:GEMD) had its target price lifted by Barclays from GBX 120 ($1.75) to GBX 140 ($2.04) in a research note released on Tuesday morning, Market Beat reports. They currently have an overweight rating on the stock. Shares of Gem .