River and Mercantile Group (LON:RIV)‘s stock had its “hold” rating reaffirmed by equities research analysts at Numis Securities in a research report issued to clients and investors on Tuesday. They presently have a GBX 400 ($5.38) price objective on the stock. Numis Securities’ price target suggests a potential upside of 10.80% from the company’s current price.

A number of other brokerages have also issued reports on RIV. N+1 Singer reiterated a “buy” rating and set a GBX 400 ($5.38) price target on shares of River and Mercantile Group in a research note on Monday, September 25th. Canaccord Genuity boosted their price target on shares of River and Mercantile Group from GBX 355 ($4.78) to GBX 385 ($5.18) and gave the stock a “buy” rating in a research note on Monday, October 30th.

Shares of River and Mercantile Group (LON:RIV) traded down GBX 0.12 ($0.00) during trading hours on Tuesday, reaching GBX 361 ($4.86). 19,711 shares of the company’s stock were exchanged, compared to its average volume of 33,463. The stock has a market capitalization of $300.90 and a price-to-earnings ratio of 2,406.67. River and Mercantile Group has a one year low of GBX 212.69 ($2.86) and a one year high of GBX 397 ($5.34).

In related news, insider Chris Rutt sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of GBX 369 ($4.97), for a total value of £25,830 ($34,764.47). Also, insider Jonathan Dawson purchased 30,000 shares of the stock in a transaction that occurred on Thursday, October 5th. The stock was acquired at an average cost of GBX 330 ($4.44) per share, with a total value of £99,000 ($133,243.61). Insiders have purchased 40,994 shares of company stock worth $13,380,367 over the last 90 days.

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River and Mercantile Group 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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