Rightmove Plc (RMV) Rating Reiterated by Liberum Capital
Rightmove Plc (LON:RMV)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a note issued to investors on Monday. They currently have a GBX 5,000 ($66.32) target price on the stock. Liberum Capital’s price objective points to a potential upside of 21.92% from the company’s previous close.
Several other equities research analysts have also recently commented on the company. Barclays PLC reissued an “underweight” rating on shares of Rightmove Plc in a research note on Monday, July 31st. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Rightmove Plc in a research report on Monday, July 31st. Peel Hunt reaffirmed a “hold” rating and set a GBX 4,000 ($53.06) price objective on shares of Rightmove Plc in a research report on Monday, September 4th. Jefferies Group LLC lifted their target price on shares of Rightmove Plc from GBX 3,500 ($46.43) to GBX 4,000 ($53.06) and gave the company a “hold” rating in a research note on Tuesday, June 13th. Finally, Investec reiterated a “buy” rating on shares of Rightmove Plc in a research note on Friday, July 28th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 4,226.44 ($56.06).
Rightmove Plc (LON RMV) opened at 4087.00 on Monday. The stock has a 50 day moving average of GBX 4,074.83 and a 200-day moving average of GBX 4,153.11. Rightmove Plc has a 52 week low of GBX 3,604.00 and a 52 week high of GBX 4,374.00. The stock’s market cap is GBX 3.78 billion.
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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