River and Mercantile Group PLC (LON:RIV)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities Ltd in a note issued to investors on Monday. They presently have a GBX 335 ($4.42) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential downside of 6.52% from the stock’s previous close.

RIV has been the topic of several other reports. N+1 Singer started coverage on River and Mercantile Group PLC in a research note on Tuesday, August 8th. They issued a “buy” rating and a GBX 400 ($5.28) price objective on the stock. Canaccord Genuity lifted their price objective on River and Mercantile Group PLC from GBX 355 ($4.68) to GBX 385 ($5.08) and gave the company a “buy” rating in a research note on Monday.

Shares of River and Mercantile Group PLC (RIV) opened at 350.313 on Monday. The stock’s 50 day moving average is GBX 331.41 and its 200 day moving average is GBX 316.77. River and Mercantile Group PLC has a 12 month low of GBX 205.50 and a 12 month high of GBX 380.00. The firm’s market cap is GBX 280.99 million.

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In related news, insider Jonathan Dawson purchased 30,000 shares of River and Mercantile Group PLC stock in a transaction that occurred on Thursday, October 5th. The shares were purchased at an average cost of GBX 330 ($4.35) per share, with a total value of £99,000 ($130,641.33). Also, insider Robin Minter-Kemp purchased 4,731 shares of River and Mercantile Group PLC stock in a transaction that occurred on Thursday, September 28th. The shares were bought at an average cost of GBX 316 ($4.17) per share, for a total transaction of £14,949.96 ($19,728.11). Insiders have purchased a total of 40,994 shares of company stock worth $13,380,367 over the last three months.

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.

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