Rightmove Rating Reiterated by Deutsche Bank (RMV)
Rightmove (LON:RMV)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research note issued on Monday, StockRatingsNetwork reports. They currently have a GBX 2,650 ($44.41) price target on the stock. Deutsche Bank’s price target would suggest a potential downside of 2.47% from the company’s current price.
A number of other analysts have also recently weighed in on RMV. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Rightmove in a research note on Monday, February 3rd. They now have a GBX 3,200 ($53.63) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Rightmove in a research note on Friday, January 31st. They now have a GBX 2,770 ($46.42) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Rightmove in a research note on Monday, January 27th. They now have a GBX 2,900 ($48.60) 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 stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 2,785.23 ($46.68).
Shares of Rightmove (LON:RMV) opened at 2686.00 on Monday. Rightmove has a one year low of GBX 1695.9999 and a one year high of GBX 2814.00. The stock has a 50-day moving average of GBX 2647.64 and a 200-day moving average of GBX 2505.88. The company’s market cap is £2.690 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.