Numis Securities Reaffirms Add Rating for River and Mercantile Group (RIV)

Numis Securities reaffirmed their add rating on shares of River and Mercantile Group (LON:RIV) in a research report released on Monday.

Separately, Canaccord Genuity reaffirmed a buy rating and set a GBX 365 ($4.75) price target on shares of River and Mercantile Group in a report on Friday, July 6th.

LON:RIV opened at GBX 320 ($4.17) on Monday. River and Mercantile Group has a 52 week low of GBX 255.75 ($3.33) and a 52 week high of GBX 397 ($5.17).

The firm also recently declared a dividend, which will be paid on Friday, December 14th. Stockholders of record on Thursday, November 22nd will be issued a dividend of GBX 5.50 ($0.07) per share. This represents a dividend yield of 1.76%. The ex-dividend date is Thursday, November 22nd.

In other River and Mercantile Group news, insider Kevin Hayes purchased 18,939 shares of the stock in a transaction dated Friday, July 6th. The shares were purchased at an average cost of GBX 267 ($3.48) per share, with a total value of £50,567.13 ($65,868.35). Also, insider Chris Rutt purchased 3,578 shares of the stock in a transaction dated Monday, July 9th. The shares were acquired at an average cost of GBX 279 ($3.63) per share, for a total transaction of £9,982.62 ($13,003.28).

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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