RM (RM) PT Raised to GBX 290
RM (LON:RM) had its price target hoisted by analysts at Numis Securities from GBX 275 ($3.59) to GBX 290 ($3.79) in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Numis Securities’ price target points to a potential upside of 18.37% from the stock’s previous close.
Separately, Peel Hunt boosted their price target on shares of RM from GBX 242 ($3.16) to GBX 270 ($3.53) and gave the company a “buy” rating in a research note on Monday.
RM stock traded up GBX 4 ($0.05) during midday trading on Friday, reaching GBX 245 ($3.20). 22,404 shares of the company’s stock traded hands, compared to its average volume of 54,873. RM has a 52 week low of GBX 153.50 ($2.01) and a 52 week high of GBX 218 ($2.85).
RM plc supplies products, services, and solutions to educational markets in the United Kingdom and internationally. The company operates through three divisions: RM Resources, RM Results, and RM Education. The RM Resources division provides curriculum and education resources for schools and nurseries through direct sales force, online, and direct catalogue.
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