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.

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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%.

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