Numis Securities Ltd Reiterates Add Rating for Rightmove (RMV)
Rightmove (LON:RMV)‘s stock had its “add” rating restated by equities researchers at Numis Securities Ltd in a research report issued on Friday, Analyst Ratings Network reports. They currently have a GBX 3,270 ($54.80) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 18.55% from the company’s current price.
A number of other analysts have also recently weighed in on RMV. Analysts at Jefferies Group reiterated a “hold” rating on shares of Rightmove in a research note on Friday. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Rightmove in a research note on Wednesday. They now have a GBX 2,570 ($43.07) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Rightmove in a research note on Monday, February 17th. They now have a GBX 2,650 ($44.41) price target on the stock. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 2,818.05 ($47.23).
Rightmove (LON:RMV) opened at 2758.25 on Friday. Rightmove has a 52-week low of GBX 1708.00 and a 52-week high of GBX 2814.00. The stock has a 50-day moving average of GBX 2655. and a 200-day moving average of GBX 2518.. The company’s market cap is £2.763 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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