RM (RM) Price Target Raised to GBX 235 at Numis Securities
RM (LON:RM) had its price target lifted by investment analysts at Numis Securities from GBX 215 ($2.97) to GBX 235 ($3.25) in a research note issued on Monday. The brokerage presently has a “buy” rating on the stock. Numis Securities’ price objective points to a potential upside of 27.72% from the stock’s previous close.
Several other equities analysts have also weighed in on the company. Peel Hunt reissued a “buy” rating and set a GBX 215 ($2.97) price objective on shares of RM in a report on Monday. FinnCap reissued a “buy” rating and set a GBX 207 ($2.86) price objective on shares of RM in a report on Thursday, December 7th.
RM (LON:RM) opened at GBX 184 ($2.54) on Monday. RM has a twelve month low of GBX 153.50 ($2.12) and a twelve month high of GBX 205 ($2.83). The firm has a market capitalization of $151.67 and a price-to-earnings ratio of 1,150.00.
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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