River and Mercantile Group PLC (LON:RIV) insider Masroor Ahmad sold 1,772 shares of the business’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of GBX 330 ($4.30), for a total value of £5,847.60 ($7,615.05).

Shares of River and Mercantile Group PLC (LON:RIV) opened at 342.75 on Tuesday. The firm’s 50-day moving average price is GBX 335.63 and its 200 day moving average price is GBX 290.84. The firm’s market cap is GBX 278.82 million. River and Mercantile Group PLC has a 12-month low of GBX 205.00 and a 12-month high of GBX 380.00.

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Several research firms have issued reports on RIV. N+1 Singer began coverage on River and Mercantile Group PLC in a report on Tuesday. They set a “buy” rating and a GBX 400 ($5.21) price objective on the stock. Numis Securities Ltd downgraded River and Mercantile Group PLC to a “hold” rating and set a GBX 330 ($4.30) price objective on the stock. in a report on Tuesday, June 27th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 315 ($4.10) price objective on shares of River and Mercantile Group PLC in a report on Tuesday, June 27th.

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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