River and Mercantile Group (RIV) Receives Hold Rating from Numis Securities

River and Mercantile Group (LON:RIV)‘s stock had its “hold” rating restated by equities research analysts at Numis Securities in a note issued to investors on Tuesday, December 19th. They presently have a GBX 400 ($5.42) price objective on the stock. Numis Securities’ target price indicates a potential upside of 3.63% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Canaccord Genuity upgraded River and Mercantile Group to a “buy” rating and set a GBX 350 ($4.75) target price on the stock in a research note on Tuesday, September 12th. N+1 Singer reissued a “buy” rating and issued a GBX 400 ($5.42) price target on shares of River and Mercantile Group in a report on Monday, September 25th.

River and Mercantile Group (LON RIV) traded up GBX 8 ($0.11) on Tuesday, reaching GBX 386 ($5.23). The company’s stock had a trading volume of 8,217 shares, compared to its average volume of 32,409. River and Mercantile Group has a 52 week low of GBX 235.25 ($3.19) and a 52 week high of GBX 397 ($5.38). The stock has a market capitalization of $316.89 and a price-to-earnings ratio of 2,573.33.

In related news, insider Chris Rutt sold 7,000 shares of River and Mercantile Group stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of GBX 369 ($5.00), for a total transaction of £25,830 ($35,028.48).

TRADEMARK VIOLATION WARNING: “River and Mercantile Group (RIV) Receives Hold Rating from Numis Securities” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another website, it was illegally copied and reposted in violation of US & international copyright and trademark law. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/01/11/river-and-mercantile-groups-riv-hold-rating-reaffirmed-at-numis-securities.html.

River and Mercantile Group Company Profile

River and Mercantile Group PLC is engaged in advisory and asset management business with a range of services, from consulting and advisory to fiduciary and fund management. The Company’s segments include Fiduciary Management Division, Derivative Solutions Division, Equity Solutions Division and Advisory Division.

Receive News & Ratings for River and Mercantile Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for River and Mercantile Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply