River and Mercantile Group PLC (RIV) PT Raised to GBX 280
River and Mercantile Group PLC (LON:RIV) had its price target raised by investment analysts at Canaccord Genuity to GBX 280 ($3.47) in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 25.84% from the stock’s previous close.
Separately, Numis Securities Ltd downgraded River and Mercantile Group PLC to a “hold” rating and set a GBX 235 ($2.91) price target on the stock. in a report on Wednesday, October 5th.
Shares of River and Mercantile Group PLC (LON:RIV) traded down 1.494% during mid-day trading on Friday, hitting GBX 219.175. The company had a trading volume of 3,300 shares. The firm has a 50-day moving average price of GBX 220.58 and a 200-day moving average price of GBX 220.80. River and Mercantile Group PLC has a 52 week low of GBX 173.50 and a 52 week high of GBX 283.00. The firm’s market capitalization is GBX 179.93 million.
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In other River and Mercantile Group PLC news, insider Berry,Jack sold 587 shares of the company’s stock in a transaction that occurred on Tuesday, August 9th. The stock was sold at an average price of GBX 225 ($2.78), for a total transaction of £1,320.75 ($1,634.59).
River and Mercantile Group PLC Company Profile
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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