RM (LON:RM)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research note issued on Friday. They presently have a GBX 203 ($2.71) price target on the stock. Peel Hunt’s price target points to a potential upside of 1.50% from the stock’s previous close.
Separately, FinnCap reiterated a “buy” rating and set a GBX 207 ($2.77) price objective on shares of RM in a research report on Thursday, November 9th.
Shares of RM (RM) traded down GBX 2 ($0.03) on Friday, reaching GBX 200 ($2.67). 21,249 shares of the company traded hands, compared to its average volume of 20,850. RM has a 12 month low of GBX 135.50 ($1.81) and a 12 month high of GBX 205 ($2.74). The company has a market capitalization of $166.95 and a PE ratio of 1,538.46.
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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