RM (RM) Price Target Raised to GBX 290 at Numis Securities

RM (LON:RM) had its price objective hoisted by Numis Securities from GBX 275 ($3.59) to GBX 290 ($3.79) in a research 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 stock’s previous close.

Separately, Peel Hunt reissued a “buy” rating on shares of RM in a research note on Wednesday, November 28th.

Shares of RM stock traded up GBX 4 ($0.05) on Friday, reaching GBX 245 ($3.20). 22,404 shares of the company were exchanged, compared to its average volume of 54,873. RM has a 1 year low of GBX 153.50 ($2.01) and a 1 year high of GBX 218 ($2.85).

In related news, insider Neil Martin sold 71,584 shares of the business’s stock in a transaction dated 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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