Stifel Nicolaus Boosts RHI Magnesita (LON:RHIM) Price Target to GBX 5,350

RHI Magnesita (LON:RHIM) had its target price hoisted by Stifel Nicolaus from GBX 5,000 ($71.59) to GBX 5,350 ($76.60) in a report issued on Thursday, March 22nd. Stifel Nicolaus currently has a buy rating on the stock.

Separately, Numis Securities reiterated an add rating and issued a GBX 4,200 ($60.14) price objective on shares of RHI Magnesita in a research note on Tuesday, November 28th.

How to Become a New Pot Stock Millionaire

RHI Magnesita stock traded up GBX 54 ($0.77) during mid-day trading on Thursday, hitting GBX 4,024 ($57.62). 74,638 shares of the stock were exchanged, compared to its average volume of 59,028. RHI Magnesita has a 12 month low of GBX 2,198.56 ($31.48) and a 12 month high of GBX 4,627 ($66.25).

The firm also recently declared a dividend, which will be paid on Monday, July 2nd. Shareholders of record on Thursday, June 14th will be paid a dividend of €0.75 ($0.93) per share. The ex-dividend date is Thursday, June 14th. This represents a yield of 1.47%.

TRADEMARK VIOLATION NOTICE: “Stifel Nicolaus Boosts RHI Magnesita (LON:RHIM) Price Target to GBX 5,350” was reported by Week Herald and is owned by of Week Herald. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The original version of this piece can be accessed at https://weekherald.com/2018/04/17/rhi-magnesita-rhim-pt-raised-to-gbx-5350-at-stifel-nicolaus.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