Rightmove Plc’s “Buy” Rating Reaffirmed at Numis Securities Ltd (RMV)
Rightmove Plc (LON:RMV)‘s stock had its “buy” rating restated by stock analysts at Numis Securities Ltd in a report issued on Thursday. They currently have a GBX 3,360 ($57.42) price target on the stock. Numis Securities Ltd’s target price indicates a potential upside of 52.87% from the stock’s previous close.
Rightmove Plc (LON:RMV) traded up 2.23% during mid-day trading on Thursday, hitting GBX 2198.00. 177,839 shares of the company’s stock traded hands. Rightmove Plc has a 52-week low of GBX 2046.9999 and a 52-week high of GBX 2814.00. The stock has a 50-day moving average of GBX 2173. and a 200-day moving average of GBX 2441.12. The company’s market cap is £2.195 billion.
A number of other firms have also recently commented on RMV. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Rightmove Plc in a research note on Thursday. They now have a GBX 2,700 ($46.14) price target on the stock. Separately, 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. Finally, 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. Four research 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 target price of GBX 2,987.93 ($51.06).
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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