Peel Hunt Raises RM (RM) Price Target to GBX 203

RM (LON:RM) had its price target upped by equities researchers at Peel Hunt from GBX 199 ($2.66) to GBX 203 ($2.71) in a research note issued on Thursday, December 7th. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s target price indicates a potential downside of 0.60% from the company’s previous close.

Separately, FinnCap reaffirmed a “buy” rating and set a GBX 207 ($2.77) price objective on shares of RM in a research note on Thursday, November 9th.

Shares of RM (LON:RM) traded up GBX 5.10 ($0.07) on Thursday, hitting GBX 204.23 ($2.73). 23,300 shares of the stock were exchanged, compared to its average volume of 9,059. The firm has a market capitalization of $167.22 and a price-to-earnings ratio of 1,571.00. RM has a 1-year low of GBX 135 ($1.81) and a 1-year high of GBX 205 ($2.74).

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RM Company Profile

RM plc is engaged in supplying products, services and solutions to the United Kingdom and international education markets. The Company operates in three segments: RM Resources, RM Results and RM Education. The RM Resources segment consists of TTS Group Limited (TTS), which provides resources used in schools mainly through a direct marketing business model with goods supplied from centralized distribution centers.

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