Numis Securities Reaffirms Add Rating for River and Mercantile Group (RIV)
Separately, Canaccord Genuity reissued a buy rating and issued a GBX 365 ($4.75) target price on shares of River and Mercantile Group in a report on Friday, July 6th.
RIV stock opened at GBX 320 ($4.17) on Monday. River and Mercantile Group has a fifty-two week low of GBX 255.75 ($3.33) and a fifty-two week high of GBX 397 ($5.17).
In related news, insider Chris Rutt acquired 3,578 shares of the firm’s stock in a transaction dated Monday, July 9th. The shares were purchased at an average price of GBX 279 ($3.63) per share, with a total value of £9,982.62 ($13,003.28). Also, insider Kevin Hayes acquired 18,939 shares of the firm’s stock in a transaction dated Friday, July 6th. The stock was bought at an average cost of GBX 267 ($3.48) per share, for a total transaction of £50,567.13 ($65,868.35).
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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