River and Mercantile Group (RIV) Sets New 1-Year Low at $216.00
River and Mercantile Group PLC (LON:RIV)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 216 ($2.82) and last traded at GBX 221 ($2.89), with a volume of 2978 shares. The stock had previously closed at GBX 226 ($2.95).
A number of equities analysts have recently issued reports on RIV shares. Numis Securities reiterated an “add” rating and issued a GBX 345 ($4.51) price objective on shares of River and Mercantile Group in a report on Wednesday, October 31st. Canaccord Genuity cut their price objective on River and Mercantile Group from GBX 348 ($4.55) to GBX 293 ($3.83) and set a “buy” rating for the company in a report on Friday, January 25th.
In related news, insider Jonathan Dawson bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 27th. The stock was bought at an average cost of GBX 228 ($2.98) per share, for a total transaction of £22,800 ($29,792.24). Also, insider James Barham bought 41,000 shares of the company’s stock in a transaction that occurred on Monday, January 7th. The shares were bought at an average price of GBX 235 ($3.07) per share, with a total value of £96,350 ($125,898.34).
River and Mercantile Group Company Profile (LON:RIV)
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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