River and Mercantile Group’s (RIV) “Add” Rating Reaffirmed at Numis Securities

Numis Securities reaffirmed their add rating on shares of River and Mercantile Group (LON:RIV) in a research report sent to investors on Monday. Numis Securities currently has a GBX 370 ($5.16) price target on the stock.

Separately, Canaccord Genuity lifted their target price on shares of River and Mercantile Group from GBX 375 ($5.23) to GBX 390 ($5.44) and gave the stock a buy rating in a research report on Monday, January 29th.

Shares of LON:RIV opened at GBX 308 ($4.30) on Monday. River and Mercantile Group has a 52 week low of GBX 255.75 ($3.57) and a 52 week high of GBX 397 ($5.54).

In related news, insider Chris Rutt sold 5,544 shares of River and Mercantile Group stock in a transaction on Friday, April 6th. The shares were sold at an average price of GBX 318 ($4.44), for a total value of £17,629.92 ($24,588.45).

About River and Mercantile Group

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.

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