Rightmove Plc (RMV) Lifted to Buy at Shore Capital
Rightmove Plc (LON:RMV) was upgraded by equities researchers at Shore Capital to a “buy” rating in a note issued to investors on Friday.
RMV has been the topic of several other research reports. Numis Securities Ltd reiterated an “add” rating and issued a GBX 4,440 ($55.47) price objective on shares of Rightmove Plc in a research note on Friday, July 22nd. Liberum Capital reissued a “buy” rating and set a GBX 5,000 ($62.47) target price on shares of Rightmove Plc in a report on Wednesday, July 27th. Canaccord Genuity reissued a “hold” rating and set a GBX 4,100 ($51.22) target price on shares of Rightmove Plc in a report on Wednesday, July 27th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Rightmove Plc in a report on Thursday, July 28th. Finally, Deutsche Bank AG upped their price target on shares of Rightmove Plc from GBX 3,200 ($39.98) to GBX 3,720 ($46.48) and gave the stock a “hold” rating in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 4,209.33 ($52.59).
Rightmove Plc (LON:RMV) opened at 3899.00 on Friday. The company’s market cap is GBX 3.68 billion. Rightmove Plc has a 1-year low of GBX 3,159.00 and a 1-year high of GBX 4,416.00. The firm’s 50-day moving average price is GBX 3,914.41 and its 200-day moving average price is GBX 3,987.32.
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.
Receive News & Stock Ratings for Rightmove Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rightmove Plc and related stocks with our FREE daily email newsletter.