River and Mercantile Group (RIV) Upgraded at Numis Securities

River and Mercantile Group (LON:RIV) was upgraded by research analysts at Numis Securities to a “buy” rating in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Canaccord Genuity cut their price objective on shares of River and Mercantile Group from GBX 348 ($4.55) to GBX 293 ($3.83) and set a “buy” rating for the company in a report on Friday, January 25th.

RIV stock opened at GBX 246 ($3.21) on Thursday. The stock has a market capitalization of $196.98 million and a price-to-earnings ratio of 15.87. River and Mercantile Group has a 12 month low of GBX 212 ($2.77) and a 12 month high of GBX 330 ($4.31).

About River and Mercantile Group

River and Mercantile Group PLC is an asset management holding company. Through its subsidiaries, the firm engages in advisory, fiduciary management, derivative solutions, and equity solutions. The firm was formerly known as River and Mercantile Group Limited. River and Mercantile Group PLC is based in London, United Kingdom.

See Also: The Role of a Fiduciary and Individual Investors

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