River and Mercantile Group PLC (LON:RIV) had its target price hoisted by Canaccord Genuity from GBX 240 ($2.97) to GBX 280 ($3.47) in a report published on Friday morning. The brokerage currently has a buy rating on the stock.
Separately, Numis Securities Ltd downgraded River and Mercantile Group PLC to a hold rating and set a GBX 235 ($2.91) price target on the stock. in a research note on Wednesday, October 5th.
River and Mercantile Group PLC (LON:RIV) opened at 223.00 on Friday. River and Mercantile Group PLC has a 12-month low of GBX 173.50 and a 12-month high of GBX 283.00. The firm has a 50-day moving average price of GBX 220.67 and a 200 day moving average price of GBX 220.67. The firm’s market cap is GBX 183.07 million.
The company also recently declared a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 20th will be paid a GBX 3.40 ($0.04) dividend. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, October 20th.
In other River and Mercantile Group PLC news, insider Berry,Jack sold 587 shares of River and Mercantile Group PLC stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of GBX 225 ($2.78), for a total value of £1,320.75 ($1,634.59).