Analysts Set Rightmove Plc (LON:RMV) PT at $4,111.06
Shares of Rightmove Plc (LON:RMV) have received a consensus recommendation of “Hold” from the seventeen research firms that are presently covering the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 4,111.06 ($53.66).
RMV has been the subject of several research reports. Barclays PLC cut Rightmove Plc to an “underweight” rating and reduced their price objective for the company from GBX 4,550 ($59.39) to GBX 3,300 ($43.08) in a research report on Monday, July 4th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 3,535 ($46.14) price objective on shares of Rightmove Plc in a research report on Monday, June 27th. Shore Capital reissued a “hold” rating on shares of Rightmove Plc in a research report on Wednesday, July 20th. Bank of America Corp. reissued a “buy” rating and issued a GBX 4,600 ($60.04) price objective on shares of Rightmove Plc in a research report on Friday, September 2nd. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 5,000 ($65.27) price objective on shares of Rightmove Plc in a research report on Tuesday, July 5th.
Shares of Rightmove Plc (LON:RMV) opened at 4222.00 on Wednesday. The stock’s 50 day moving average is GBX 4,169.65 and its 200-day moving average is GBX 4,019.82. Rightmove Plc has a 1-year low of GBX 3,159.00 and a 1-year high of GBX 4,287.00. The stock’s market cap is GBX 3.99 billion.
The firm also recently announced a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be paid a GBX 19 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 0.46%.
Rightmove Plc Company Profile
Rightmove plc is a United Kingdom-based company, which operates as a property portal. The Company’s principal business is the operation of the rightmove.co.uk Website. The Company’s Website and mobile platforms provide online property search. The Company’s segments include Agency, New Homes and Other.
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