Numis Securities restated their add rating on shares of River and Mercantile Group (LON:RIV) in a research note issued to investors on Tuesday morning.

Separately, Canaccord Genuity reiterated a buy rating and issued a GBX 365 ($4.71) price target on shares of River and Mercantile Group in a report on Friday, July 6th.

River and Mercantile Group stock opened at GBX 305 ($3.93) on Tuesday. River and Mercantile Group has a 12-month low of GBX 255.75 ($3.30) and a 12-month high of GBX 397 ($5.12).

In other news, insider Chris Rutt purchased 3,578 shares of the firm’s stock in a transaction that occurred on Monday, July 9th. The shares were acquired at an average price of GBX 279 ($3.60) per share, for a total transaction of £9,982.62 ($12,877.48). Also, insider Kevin Hayes purchased 33,323 shares of the firm’s stock in a transaction that occurred on Friday, June 15th. The stock was purchased at an average price of GBX 298 ($3.84) per share, for a total transaction of £99,302.54 ($128,099.25). In the last quarter, insiders purchased 85,840 shares of company stock worth $24,145,229.

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.

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