River and Mercantile Group (RIV) Given “Add” Rating at Numis Securities

Numis Securities reissued their add rating on shares of River and Mercantile Group (LON:RIV) in a research note published on Monday. They currently have a GBX 355 ($4.64) target price on the stock.

Separately, Canaccord Genuity restated a buy rating and set a GBX 353 ($4.61) target price on shares of River and Mercantile Group in a research report on Tuesday, September 25th.

RIV opened at GBX 298.48 ($3.90) on Monday. River and Mercantile Group has a twelve month low of GBX 255.75 ($3.34) and a twelve month high of GBX 397 ($5.19).

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

River and Mercantile Group Company Profile

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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