Numis Securities reiterated their add rating on shares of Rhi Magnesita (LON:RHIM) in a research note issued to investors on Tuesday, December 5th. Numis Securities currently has a GBX 4,200 ($56.16) price target on the stock.
Shares of Rhi Magnesita (RHIM) traded down GBX 29 ($0.39) during trading on Tuesday, hitting GBX 3,905 ($52.21). The company had a trading volume of 51,549 shares, compared to its average volume of 151,726. Rhi Magnesita has a twelve month low of GBX 2,198.56 ($29.40) and a twelve month high of GBX 4,315 ($57.69).
In related news, insider Celia Baxter bought 1,002 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were acquired at an average price of GBX 3,990 ($53.35) per share, with a total value of £39,979.80 ($53,456.08). Also, insider Stefan Borgas purchased 2,150 shares of the stock in a transaction on Wednesday, November 29th. The shares were acquired at an average cost of GBX 3,857 ($51.57) per share, for a total transaction of £82,925.50 ($110,877.79). Over the last quarter, insiders have acquired 7,811 shares of company stock worth $29,826,390.
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