RM (RM) Price Target Increased to GBX 290 by Analysts at Numis Securities

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RM (LON:RM) had its price objective hoisted by investment analysts at Numis Securities from GBX 275 ($3.59) to GBX 290 ($3.79) in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Numis Securities’ price target points to a potential upside of 18.37% from the company’s previous close.

Separately, Peel Hunt increased 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 report on Monday.

Shares of RM stock traded up GBX 4 ($0.05) during trading on Friday, hitting GBX 245 ($3.20). The company had a trading volume of 22,404 shares, 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).

In other RM news, insider Neil Martin sold 71,584 shares of the stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of GBX 238 ($3.11), for a total transaction of £170,369.92 ($222,618.48).

RM Company Profile

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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