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).
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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