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Stock analysts at Canaccord Genuity boosted their price objective on shares of River and Mercantile Group PLC (LON:RIV) from GBX 231 ($3.83) to GBX 253 ($4.20) in a report issued on Thursday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 21.63% from the stock’s previous close.

Separately, analysts at Numis Securities Ltd initiated coverage on shares of River and Mercantile Group PLC in a research note on Monday, August 4th. They set an “add” rating and a GBX 235 ($3.90) price target on the stock.

Shares of River and Mercantile Group PLC (LON:RIV) traded down 1.44% on Thursday, hitting GBX 205.00. The stock had a trading volume of 3,068 shares. River and Mercantile Group PLC has a 1-year low of GBX 187.00 and a 1-year high of GBX 234.00. The stock has a 50-day moving average of GBX 210.9 and a 200-day moving average of GBX 210.8. The company’s market cap is £168.3 million.

The company also recently announced a dividend, which is scheduled for Friday, November 7th. Investors of record on Thursday, October 9th will be paid a dividend of GBX 2.30 ($0.04) per share. This represents a dividend yield of 1.11%. The ex-dividend date of this dividend is Thursday, October 9th.

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