Canaccord Genuity Reiterates Buy Rating for River and Mercantile Group PLC (RIV)
River and Mercantile Group PLC (LON:RIV)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a report released on Friday. They currently have a GBX 315 ($4.10) price target on the stock. Canaccord Genuity’s price target would suggest a potential upside of 13.51% from the company’s previous close.
Separately, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 255 ($3.32) target price on shares of River and Mercantile Group PLC in a report on Monday, February 27th.
River and Mercantile Group PLC (LON:RIV) traded up 3.51% on Friday, reaching GBX 287.25. 192,223 shares of the company’s stock traded hands. The stock’s market cap is GBX 233.67 million. The stock has a 50 day moving average price of GBX 276.19 and a 200 day moving average price of GBX 251.15. River and Mercantile Group PLC has a 12-month low of GBX 173.50 and a 12-month high of GBX 290.00.
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River and Mercantile Group PLC 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.
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