Rightmove Plc’s Hold Rating Reaffirmed at Investec (RMV)
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Rightmove Plc in a research note on Wednesday. They now have a GBX 2,600 ($44.15) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Rightmove Plc in a research note on Wednesday. They now have a GBX 2,700 ($45.85) price target on the stock. Finally, 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. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Rightmove Plc presently has an average rating of “Buy” and a consensus target price of GBX 2,970.86 ($50.45).
Shares of Rightmove Plc (LON:RMV) traded down 0.79% on Wednesday, hitting GBX 2247.00. 189,480 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 2172.91 and a 200-day moving average of GBX 2427.. The company’s market cap is £2.244 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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