River and Mercantile Group (RIV) Receives Buy Rating from N+1 Singer
N+1 Singer reissued their buy rating on shares of River and Mercantile Group (LON:RIV) in a research report sent to investors on Tuesday morning. The firm currently has a GBX 400 ($5.38) target price on the stock.
Other equities research analysts also recently issued research reports about the company. Canaccord Genuity raised River and Mercantile Group to a buy rating and set a GBX 350 ($4.71) price target for the company in a report on Tuesday, September 12th. Numis Securities reissued a hold rating and issued a GBX 400 ($5.38) price target on shares of River and Mercantile Group in a report on Tuesday.
River and Mercantile Group (LON RIV) opened at GBX 356.50 ($4.80) on Tuesday. River and Mercantile Group has a 52-week low of GBX 208.50 ($2.81) and a 52-week high of GBX 397 ($5.34).
In other River and Mercantile Group news, insider Angela Crawford-Ingle purchased 6,263 shares of the stock in a transaction 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 purchased 30,000 shares of the stock in a transaction 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 three months, insiders acquired 40,994 shares of company stock valued at $13,380,367.
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About River and Mercantile Group
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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