River and Mercantile Group PLC (RIV) PT Raised to GBX 280
River and Mercantile Group PLC (LON:RIV) had its price target raised by investment analysts at Canaccord Genuity to GBX 280 ($3.47) in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 25.84% from the stock’s previous close.
Separately, Numis Securities Ltd downgraded River and Mercantile Group PLC to a “hold” rating and set a GBX 235 ($2.91) price target on the stock. in a report on Wednesday, October 5th.
Shares of River and Mercantile Group PLC (LON:RIV) traded down 1.494% during mid-day trading on Friday, hitting GBX 219.175. The company had a trading volume of 3,300 shares. The firm has a 50-day moving average price of GBX 220.58 and a 200-day moving average price of GBX 220.80. River and Mercantile Group PLC has a 52 week low of GBX 173.50 and a 52 week high of GBX 283.00. The firm’s market capitalization is GBX 179.93 million.
In other River and Mercantile Group PLC news, insider Berry,Jack sold 587 shares of the company’s stock in a transaction that occurred on Tuesday, August 9th. The stock was sold at an average price of GBX 225 ($2.78), for a total transaction of £1,320.75 ($1,634.59).
River and Mercantile Group PLC Company Profile
River and Mercantile Group PLC, is a United Kingdom-based company engaged in advisory and asset management business with a range of services, from consulting and advisory to fully-delegated fiduciary and fund management. The Company’s services includes: Advisory Division that provides advisory services to the United Kingdom defined benefit pension schemes, the United Kingdom defined contribution schemes, the United States pension schemes and insurance firms.
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