River and Mercantile Group PLC’s Add Rating Reiterated at Numis Securities Ltd (RIV)
River and Mercantile Group PLC (LON:RIV)‘s stock had its “add” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Thursday. They currently have a GBX 235 ($3.90) price objective on the stock. Numis Securities Ltd’s target price points to a potential upside of 12.98% from the stock’s previous close.
River and Mercantile Group PLC (LON:RIV) opened at 205.45 on Thursday. 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 211.2 and a 200-day moving average of GBX 210.9. The company’s market cap is £168.7 million.
A number of other firms have also recently commented on RIV. Analysts at Canaccord Genuity raised their price target on shares of River and Mercantile Group PLC from GBX 231 ($3.83) to GBX 253 ($4.20) in a research note on Thursday. They now have a “buy” rating on the stock.
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