Rightmove Given “Buy” Rating at Panmure Gordon (RMV)
Rightmove (LON:RMV)‘s stock had its “buy” rating reiterated by investment analysts at Panmure Gordon in a note issued to investors on Monday, Stock Ratings Network.com reports. They currently have a GBX 3,000 ($48.13) price objective on the stock. Panmure Gordon’s target price suggests a potential upside of 26.74% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Rightmove in a research note to investors on Wednesday, October 2nd. They now have a GBX 3,000 ($48.13) price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Rightmove in a research note to investors on Wednesday, October 2nd. They set an “outperform” rating and a GBX 2,770 ($44.44) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Rightmove in a research note to investors on Monday, September 30th. They now have a GBX 2,570 ($41.23) price target on the stock. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 2,578.65 ($41.37).
Rightmove (LON:RMV) opened at 2359.00 on Monday. Rightmove has a 1-year low of GBX 1430.00 and a 1-year high of GBX 2507.00. The stock’s 50-day moving average is GBX 2372. and its 200-day moving average is GBX 2086.. The company’s market cap is £2.363 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.