Chris Rutt Sells 7,000 Shares of River and Mercantile Group PLC (RIV) Stock

River and Mercantile Group PLC (LON:RIV) insider Chris Rutt sold 7,000 shares of the stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of GBX 369 ($4.85), for a total value of £25,830 ($33,973.43).

Shares of River and Mercantile Group PLC (RIV) opened at GBX 376.50 ($4.95) on Friday. River and Mercantile Group PLC has a one year low of GBX 205.50 ($2.70) and a one year high of GBX 380 ($5.00).

The business also recently declared a dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 23rd will be paid a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, November 23rd. This represents a dividend yield of 1.92%.

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Several equities research analysts have recently weighed in on the company. Numis Securities Ltd reissued a “hold” rating and issued a GBX 335 ($4.41) price target on shares of River and Mercantile Group PLC in a research note on Monday, October 30th. Canaccord Genuity raised River and Mercantile Group PLC to a “buy” rating and set a GBX 350 ($4.60) price target for the company in a research note on Tuesday, September 12th. Finally, N+1 Singer reissued a “buy” rating and issued a GBX 400 ($5.26) price target on shares of River and Mercantile Group PLC in a research note on Monday, October 30th.

River and Mercantile Group PLC Company Profile

River and Mercantile Group PLC is engaged in advisory and asset management business with a range of services, from consulting and advisory to fiduciary and fund management. The Company’s segments include Fiduciary Management Division, Derivative Solutions Division, Equity Solutions Division and Advisory Division.

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