Rhi Magnesita (RHIM) Earns “Add” Rating from Numis Securities

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.

COPYRIGHT VIOLATION WARNING: “Rhi Magnesita (RHIM) Earns “Add” Rating from Numis Securities” was originally posted by Week Herald and is the sole property of of Week Herald. If you are accessing this article on another site, it was copied illegally and reposted in violation of U.S. & international copyright laws. The correct version of this article can be accessed at https://weekherald.com/2017/12/30/numis-securities-reiterates-add-rating-for-rhi-magnesita-rhim-2.html.

Receive News & Ratings for Rhi Magnesita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rhi Magnesita and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply