Numis Securities upgraded shares of River and Mercantile Group (LON:RIV) to a buy rating in a report released on Thursday morning, ThisIsMoney.Co.Uk reports.

Separately, Canaccord Genuity dropped 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 opened at GBX 252.80 ($3.30) on Thursday. River and Mercantile Group has a 52 week low of GBX 212 ($2.77) and a 52 week high of GBX 330 ($4.31). The stock has a market cap of $198.79 million and a price-to-earnings ratio of 16.31.

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.

Further Reading: Systematic Risk and Investors

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.