Rightmove Receives Add Rating from Westhouse Securities (RMV)
Rightmove (LON:RMV)‘s stock had its “add” rating reiterated by research analysts at Westhouse Securities in a report released on Monday, Analyst Ratings Network.com reports. They currently have a GBX 2,570 ($41.46) price objective on the stock. Westhouse Securities’ price objective points to a potential upside of 9.50% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Rightmove (LON:RMV) in a research note to investors on Thursday, September 19th. They now have a GBX 2,675 ($43.16) price target on the stock. Separately, analysts at Jefferies Group upgraded shares of Rightmove (LON:RMV) to an “add” rating in a research note to investors on Monday, August 19th. They now have a GBX 2,570 ($41.46) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Rightmove (LON:RMV) from GBX 2,200 ($35.50) to GBX 3,000 ($48.40) in a research note to investors on Monday, August 5th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Rightmove presently has a consensus rating of “Buy” and an average target price of GBX 2,497.62 ($40.30).
Rightmove (LON:RMV) opened at 2305.00 on Monday. Rightmove has a 1-year low of GBX 1430.00 and a 1-year high of GBX 2507.00. The stock has a 50-day moving average of GBX 2372. and a 200-day moving average of GBX 2086.. The company’s market cap is £2.309 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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