The River and Mercantile Group PLC (RIV) Stock Rating Reaffirmed by Numis Securities Ltd

The River and Mercantile Group PLC (RIV) Stock Rating Reaffirmed by Numis Securities Ltd

River and Mercantile Group PLC (LON:RIV)‘s stock had its “hold” rating reaffirmed by Numis Securities Ltd in a report issued on Tuesday. They presently have a GBX 240 ($2.90) price objective on the stock. Numis Securities Ltd’s price objective would indicate a potential downside of 4.00% from the stock’s current price.

Separately, Canaccord Genuity lifted their price target on shares of River and Mercantile Group PLC from GBX 240 ($2.90) to GBX 280 ($3.38) and gave the company a “buy” rating in a report on Friday, October 7th.

Shares of River and Mercantile Group PLC (LON:RIV) opened at 250.00 on Tuesday. River and Mercantile Group PLC has a 12 month low of GBX 173.50 and a 12 month high of GBX 265.00. The firm’s 50-day moving average is GBX 221.52 and its 200 day moving average is GBX 215.85. The stock’s market cap is GBX 205.24 million.

River and Mercantile Group PLC 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.

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