Rightmove plc (OTCMKTS:RTMVY) Stock Now Rated “Hold” by Sell-Side Brokerages

Rightmove plc (OTCMKTS:RTMVY) has received a consensus recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company.

RTMVY has been the topic of several recent analyst reports. Citigroup reissued a “neutral” rating on shares of Rightmove in a research report on Wednesday, August 5th. Panmure Gordon lowered Rightmove to a “hold” rating in a research report on Tuesday, October 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Rightmove in a research note on Tuesday, August 4th.

Rightmove Price Performance

Shares of Rightmove stock opened at $11.70 on Tuesday. The business has a fifty day simple moving average of $11.70 and a 200-day simple moving average of $11.83. Rightmove has a 12 month low of $10.80 and a 12 month high of $22.15.

Rightmove Company Profile

Rightmove plc operates the United Kingdom’s largest online property portal, connecting people searching for homes with estate agents, letting agents, new-home developers and other property professionals. Its platform provides listings for properties available to buy or rent, along with information and tools intended to support residential property decisions.

The company generates most of its business by providing advertising and digital marketing services to property professionals. Its products include property listings, enhanced online exposure, lead-generation tools, market insights and data services.