River and Mercantile Group PLC (RIV) Downgraded to Hold at Numis Securities Ltd
Numis Securities Ltd downgraded shares of River and Mercantile Group PLC (LON:RIV) to a hold rating in a report released on Wednesday morning. They currently have GBX 235 ($3.07) price objective on the stock.
Separately, Canaccord Genuity downgraded shares of River and Mercantile Group PLC to a hold rating and dropped their price target for the stock from GBX 307 ($4.01) to GBX 235 ($3.07) in a research note on Tuesday, June 14th.
Shares of River and Mercantile Group PLC (LON:RIV) traded up 2.68% during trading on Wednesday, hitting GBX 230.00. The stock had a trading volume of 1 shares. The firm has a 50 day moving average price of GBX 219.48 and a 200 day moving average price of GBX 221.25. The firm’s market cap is GBX 188.82 million. River and Mercantile Group PLC has a 12-month low of GBX 173.50 and a 12-month high of GBX 283.00.
In other news, insider Berry,Jack sold 587 shares of River and Mercantile Group PLC stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of GBX 225 ($2.94), for a total transaction of £1,320.75 ($1,723.99).
About River and Mercantile Group PLC
River and Mercantile Group PLC, is a United Kingdom-based company engaged in advisory and asset management business with a range of services, from consulting and advisory to fully-delegated fiduciary and fund management. The Company’s services includes: Advisory Division that provides advisory services to the United Kingdom defined benefit pension schemes, the United Kingdom defined contribution schemes, the United States pension schemes and insurance firms.
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