FinnCap Increases RM plc (RM) Price Target to GBX 207
RM plc (LON:RM) had its price objective raised by FinnCap from GBX 169 ($2.11) to GBX 207 ($2.59) in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. FinnCap’s price objective would indicate a potential upside of 15.00% from the company’s previous close.
Several other equities research analysts have also weighed in on the company. Peel Hunt restated a “buy” rating and set a GBX 219 ($2.74) price target on shares of RM plc in a research report on Monday. Numis Securities Ltd reiterated a “buy” rating and set a GBX 170 ($2.12) price objective on shares of RM plc in a research note on Tuesday, December 13th.
RM plc (LON:RM) opened at 180.00 on Wednesday. The company’s market cap is GBX 146.40 million. The firm has a 50-day moving average price of GBX 150.31 and a 200-day moving average price of GBX 139.00. RM plc has a 52 week low of GBX 112.00 and a 52 week high of GBX 196.00.
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About RM plc
RM plc is a United Kingdom-based company 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, which provides resources used in schools mainly through a direct marketing business model with goods supplied from centralized distribution centers.
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