River and Mercantile Group PLC (LON:RIV)‘s stock had its “buy” rating restated by investment analysts at N+1 Singer in a research report issued to clients and investors on Friday. They currently have a GBX 400 ($5.17) target price on the stock. N+1 Singer’s target price would suggest a potential upside of 23.12% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. Canaccord Genuity raised shares of River and Mercantile Group PLC to a “buy” rating and set a GBX 350 ($4.52) target price for the company in a research report on Tuesday. Numis Securities Ltd downgraded shares of River and Mercantile Group PLC to a “hold” rating and set a GBX 330 ($4.26) target price for the company. in a research report on Tuesday, June 27th.

Shares of River and Mercantile Group PLC (LON:RIV) traded up 1.58% during trading on Friday, reaching GBX 330.00. The company’s stock had a trading volume of 2 shares. The company’s market capitalization is GBX 268.45 million. The firm’s 50-day moving average price is GBX 335.02 and its 200-day moving average price is GBX 303.98. River and Mercantile Group PLC has a one year low of GBX 205.50 and a one year high of GBX 380.00.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by American Banking News and is the property of of American Banking News. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/09/15/river-and-mercantile-group-plc-riv-receives-buy-rating-from-n1-singer.html.

In other news, insider Masroor Ahmad sold 1,772 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of GBX 330 ($4.26), for a total transaction of £5,847.60 ($7,552.11).

About River and Mercantile Group PLC

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.

Receive News & Ratings for River and Mercantile Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for River and Mercantile Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.