Rightmove Plc Given Consensus Recommendation of “Buy” by Analysts (LON:RMV)
Rightmove Plc (LON:RMV) has been given an average recommendation of “Buy” by the fifteen ratings firms that are covering the stock, AmericanBankingNews.com reports. Four research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 2,954.60 ($50.17).
RMV has been the subject of a number of recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Rightmove Plc in a research note on Tuesday. They now have a GBX 2,500 ($42.45) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Rightmove Plc in a research note on Friday. They now have a GBX 2,260 ($38.38) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Rightmove Plc in a research note on Thursday, July 24th. They now have a GBX 3,360 ($57.06) price target on the stock.
Shares of Rightmove Plc (LON:RMV) traded up 2.94% during mid-day trading on Tuesday, hitting GBX 2273.00. The stock had a trading volume of 237,510 shares. Rightmove Plc has a 1-year low of GBX 2046.9999 and a 1-year high of GBX 2814.00. The stock has a 50-day moving average of GBX 2170.36 and a 200-day moving average of GBX 2430.63. The company’s market cap is £2.270 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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