Numis Securities Ltd lowered shares of River and Mercantile Group PLC (LON:RIV) to a hold rating in a report released on Wednesday morning. They currently have GBX 235 ($3.07) price objective on the stock.
Separately, Canaccord Genuity raised shares of River and Mercantile Group PLC to a buy rating and set a GBX 235 ($3.07) price objective on the stock in a research report on Tuesday, July 5th.
Shares of River and Mercantile Group PLC (LON:RIV) opened at 229.75 on Wednesday. The firm has a 50-day moving average of GBX 220.08 and a 200 day moving average of GBX 221.30. River and Mercantile Group PLC has a 12 month low of GBX 173.50 and a 12 month high of GBX 283.00. The company’s market cap is GBX 188.61 million.
In other River and Mercantile Group PLC news, insider Berry,Jack sold 587 shares of the business’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of GBX 225 ($2.94), for a total transaction of £1,320.75 ($1,723.99).
About River and Mercantile Group PLC
River and Mercantile Group PLC, is a United Kingdom-based company engaged in advisory and asset management business with a range of services, from consulting and advisory to fully-delegated fiduciary and fund management. The Company’s services includes: Advisory Division that provides advisory services to the United Kingdom defined benefit pension schemes, the United Kingdom defined contribution schemes, the United States pension schemes and insurance firms.
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