Credit Suisse Group AG reaffirmed their neutral rating on shares of Rightmove Plc (LON:RMV) in a report issued on Monday. They currently have a GBX 4,120 ($51.86) price objective on the stock.

RMV has been the subject of several other reports. Shore Capital reiterated a buy rating on shares of Rightmove Plc in a research note on Friday, January 27th. Liberum Capital reiterated a buy rating and issued a GBX 5,000 ($62.93) target price on shares of Rightmove Plc in a research note on Wednesday, January 11th. Numis Securities Ltd reiterated a buy rating and issued a GBX 4,750 ($59.79) target price on shares of Rightmove Plc in a research note on Thursday, February 16th. Berenberg Bank reiterated a hold rating and issued a GBX 3,970 ($49.97) target price on shares of Rightmove Plc in a research note on Wednesday, January 11th. Finally, Deutsche Bank AG boosted their target price on shares of Rightmove Plc from GBX 3,720 ($46.82) to GBX 3,880 ($48.84) and gave the company a hold rating in a research note on Monday, February 27th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 4,217 ($53.08).

Rightmove Plc (LON:RMV) traded up 0.64% during mid-day trading on Monday, reaching GBX 4223.00. 215,191 shares of the company’s stock traded hands. The stock’s market capitalization is GBX 3.92 billion. Rightmove Plc has a 12-month low of GBX 3,159.00 and a 12-month high of GBX 4,416.00. The stock has a 50-day moving average price of GBX 4,020.36 and a 200-day moving average price of GBX 3,957.83.

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The business also recently announced a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Thursday, May 4th will be given a GBX 32 ($0.40) dividend. The ex-dividend date is Thursday, May 4th. This represents a yield of 0.8%. This is a boost from Rightmove Plc’s previous dividend of $19.00.

In other Rightmove Plc news, insider Robyn Perriss sold 11,375 shares of the company’s stock in a transaction dated Friday, February 24th. The shares were sold at an average price of GBX 4,062 ($51.13), for a total value of £462,052.50 ($581,563.88).

About Rightmove Plc

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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