River and Mercantile Group (LON:RIV) had its target price boosted by equities research analysts at Canaccord Genuity from GBX 375 ($5.05) to GBX 385 ($5.18) in a research note issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s price objective indicates a potential upside of 7.99% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. N+1 Singer reissued a “buy” rating and set a GBX 400 ($5.38) target price on shares of River and Mercantile Group in a research note on Tuesday. Numis Securities reissued a “hold” rating and set a GBX 400 ($5.38) target price on shares of River and Mercantile Group in a research note on Tuesday.

River and Mercantile Group (RIV) opened at GBX 356.50 ($4.80) on Wednesday. River and Mercantile Group has a twelve month low of GBX 208.50 ($2.81) and a twelve month high of GBX 397 ($5.34).

In other River and Mercantile Group news, insider Angela Crawford-Ingle acquired 6,263 shares of River and Mercantile Group stock in a transaction that occurred on Monday, September 25th. The stock was acquired at an average price of GBX 317 ($4.27) per share, with a total value of £19,853.71 ($26,721.01). Also, insider Jonathan Dawson acquired 30,000 shares of River and Mercantile Group 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). In the last ninety days, insiders purchased 40,994 shares of company stock valued at $13,380,367.

COPYRIGHT VIOLATION WARNING: “River and Mercantile Group (RIV) PT Raised to GBX 385” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/12/20/river-and-mercantile-group-riv-pt-raised-to-gbx-385.html.

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.

Receive News & Ratings for River and Mercantile Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for River and Mercantile Group and related companies with MarketBeat.com's FREE daily email newsletter.