Stifel Nicolaus Raises Rhi Magnesita (RHIM) Price Target to GBX 5,350

Rhi Magnesita (LON:RHIM) had its target price increased by Stifel Nicolaus from GBX 5,000 ($69.08) to GBX 5,350 ($73.92) in a research note issued to investors on Thursday. They currently have a buy rating on the stock.

Separately, Numis Securities restated an add rating and issued a GBX 4,200 ($58.03) price target on shares of Rhi Magnesita in a report on Tuesday, November 28th.

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Rhi Magnesita stock opened at GBX 4,470 ($61.76) on Thursday. Rhi Magnesita has a one year low of GBX 2,198.56 ($30.38) and a one year high of GBX 4,627 ($63.93).

In other Rhi Magnesita news, insider Andrew Hosty purchased 379 shares of the stock in a transaction on Wednesday, December 27th. The stock was bought at an average price of GBX 3,950 ($54.57) per share, for a total transaction of £14,970.50 ($20,683.20).

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