Peel Hunt reissued their buy rating on shares of RM (LON:RM) in a research report released on Monday morning, ThisIsMoney.Co.Uk reports.
Separately, Numis Securities reiterated a buy rating and issued a GBX 3,600 ($47.04) target price on shares of in a research note on Friday, June 14th.
Shares of RM stock traded up GBX 4 ($0.05) on Monday, hitting GBX 244 ($3.19). 8,405 shares of the company traded hands, compared to its average volume of 54,873. RM has a 52 week low of GBX 173 ($2.26) and a 52 week high of GBX 268 ($3.50). The firm has a market cap of $204.66 million and a PE ratio of 11.84. The company’s 50-day moving average price is GBX 242.06. The company has a quick ratio of 0.43, a current ratio of 0.88 and a debt-to-equity ratio of 15.33.
The firm also recently declared a dividend, which will be paid on Friday, September 13th. Investors of record on Thursday, August 8th will be issued a GBX 2 ($0.03) dividend. This represents a yield of 0.8%. The ex-dividend date is Thursday, August 8th. RM’s dividend payout ratio is currently 0.39%.
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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