Rightmove Plc Receives “Neutral” Rating from Westhouse Securities (RMV)
Rightmove Plc (LON:RMV)‘s stock had its “neutral” rating reiterated by investment analysts at Westhouse Securities in a note issued to investors on Thursday. They currently have a GBX 2,700 ($46.14) price target on the stock. Westhouse Securities’ price objective indicates a potential upside of 22.84% from the stock’s previous close.
A number of other firms have also recently commented on RMV. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Rightmove Plc in a research note on Tuesday. They now have a GBX 3,100 ($52.97) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Rightmove Plc in a research note on Monday. They now have a GBX 3,000 ($51.26) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Rightmove Plc in a research note on Thursday, July 3rd. They now have a GBX 2,260 ($38.62) price target on the stock. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 2,987.93 ($51.06).
Shares of Rightmove Plc (LON:RMV) traded up 2.23% during mid-day trading on Thursday, hitting GBX 2198.00. The stock had a trading volume of 177,839 shares. Rightmove Plc has a 1-year low of GBX 2046.9999 and a 1-year high of GBX 2814.00. The stock’s 50-day moving average is GBX 2173. and its 200-day moving average is GBX 2441.12. The company’s market cap is £2.195 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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