RM (RM) Price Target Increased to GBX 270 by Analysts at Peel Hunt

RM (LON:RM) had its target price boosted by Peel Hunt from GBX 242 ($3.16) to GBX 270 ($3.53) in a report released on Monday morning. Peel Hunt currently has a buy rating on the stock.

RM stock opened at GBX 246 ($3.21) on Monday. RM has a fifty-two week low of GBX 153.50 ($2.01) and a fifty-two week high of GBX 218 ($2.85).

The company also recently disclosed a dividend, which will be paid on Friday, April 12th. Shareholders of record on Thursday, March 14th will be given a dividend of GBX 5.70 ($0.07) per share. This is a boost from RM’s previous dividend of $1.90. The ex-dividend date of this dividend is Thursday, March 14th. This represents a yield of 2.32%.

In other RM news, insider Neil Martin sold 71,584 shares of the stock in a transaction on Tuesday, February 5th. The stock was 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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