River and Mercantile Group (RIV) Rating Reiterated by Numis Securities

Numis Securities restated their add rating on shares of River and Mercantile Group (LON:RIV) in a research report sent to investors on Thursday morning. The brokerage currently has a GBX 375 ($5.26) price objective on the stock.

RIV has been the subject of a number of other research reports. N+1 Singer reissued a buy rating and issued a GBX 400 ($5.61) price objective on shares of River and Mercantile Group in a report on Tuesday, December 19th. Canaccord Genuity boosted their target price on shares of River and Mercantile Group from GBX 375 ($5.26) to GBX 385 ($5.40) and gave the company a buy rating in a research note on Wednesday, December 20th.

River and Mercantile Group (LON RIV) traded down GBX 5 ($0.07) during trading on Thursday, hitting GBX 326 ($4.57). 2,560 shares of the stock were exchanged, compared to its average volume of 9,003. River and Mercantile Group has a fifty-two week low of GBX 255.75 ($3.59) and a fifty-two week high of GBX 397 ($5.57). The stock has a market capitalization of $267.10 and a price-to-earnings ratio of 2,173.33.

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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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