River and Mercantile Group (RIV) Rating Reiterated by Numis Securities

River and Mercantile Group (LON:RIV)‘s stock had its “add” rating reiterated by analysts at Numis Securities in a research report issued on Thursday. They presently have a GBX 375 ($5.26) target price on the stock. Numis Securities’ price target points to a potential upside of 15.03% from the company’s current price.

A number of other analysts also recently issued reports on RIV. Canaccord Genuity raised their price target on shares of River and Mercantile Group from GBX 375 ($5.26) to GBX 390 ($5.47) and gave the company a “buy” rating in a report on Monday, January 29th. N+1 Singer reissued a “buy” rating and issued a GBX 400 ($5.61) price objective on shares of River and Mercantile Group in a report on Monday, October 30th.

Shares of River and Mercantile Group (LON:RIV) traded down GBX 5 ($0.07) during midday trading on Thursday, hitting GBX 326 ($4.57). 2,560 shares of the stock were exchanged, compared to its average volume of 9,003. The stock has a market cap of $270.08 and a P/E ratio of 2,173.33. River and Mercantile Group has a 12-month low of GBX 255.75 ($3.59) and a 12-month high of GBX 397 ($5.57).

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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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