RM (LON:RM)‘s stock had its “buy” rating reissued by FinnCap in a report released on Thursday, December 7th. They currently have a GBX 207 ($2.77) target price on the stock. FinnCap’s price target would indicate a potential upside of 1.36% from the stock’s previous close.
Separately, Peel Hunt raised their target price on RM from GBX 199 ($2.66) to GBX 203 ($2.71) and gave the stock a “buy” rating in a research report on Thursday, December 7th.
RM (RM) traded up GBX 5.10 ($0.07) during mid-day trading on Thursday, reaching GBX 204.23 ($2.73). The company’s stock had a trading volume of 23,300 shares, compared to its average volume of 9,059. The firm has a market cap of $167.22 and a price-to-earnings ratio of 1,571.00. RM has a 52 week low of GBX 135 ($1.81) and a 52 week high of GBX 205 ($2.74).
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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