Rightmove Receives “Outperform” Rating from Credit Suisse (RMV)
Rightmove (LON:RMV)‘s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 2,770 ($45.64) price target on the stock. Credit Suisse’s price target would indicate a potential upside of 8.84% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Rightmove in a research note to investors on Monday. They now have a GBX 2,900 ($47.78) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Rightmove from GBX 3,000 ($49.43) to GBX 3,485 ($57.42) in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Rightmove in a research note to investors on Wednesday, January 22nd. They now have a GBX 3,200 ($52.73) price target on the stock. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Rightmove has a consensus rating of “Buy” and a consensus target price of GBX 2,785.23 ($45.89).
Rightmove (LON:RMV) opened at 2510.00 on Friday. Rightmove has a 52-week low of GBX 1669.00 and a 52-week high of GBX 2814.00. The stock has a 50-day moving average of GBX 2608. and a 200-day moving average of GBX 2478.12. The company’s market cap is £2.514 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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