Rightmove Plc Receives Buy Rating from Liberum Capital (RMV)
Rightmove Plc (LON:RMV)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Thursday. They currently have a GBX 2,510 ($42.11) target price on the stock. Liberum Capital’s price objective suggests a potential upside of 8.14% from the company’s current price.
RMV has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Rightmove Plc in a research note on Tuesday. They now have a GBX 2,850 ($47.81) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Rightmove Plc in a research note on Tuesday, August 5th. They now have a GBX 3,650 ($61.23) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Rightmove Plc in a research note on Tuesday, August 5th. They now have a GBX 3,100 ($52.00) price target on the stock. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 2,930.13 ($49.16).
Shares of Rightmove Plc (LON:RMV) traded up 3.92% during mid-day trading on Thursday, hitting GBX 2412.00. 169,280 shares of the company’s stock traded hands. 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 2204.81 and a 200-day moving average of GBX 2400.91. The company’s market cap is £2.390 billion.
The company also recently declared a dividend, which is scheduled for Friday, November 7th. Stockholders of record on Thursday, October 9th will be given a dividend of GBX 13 ($0.22) per share. This represents a yield of 0.58%. The ex-dividend date is Thursday, October 9th.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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