Rightmove Plc Receives Consensus Recommendation of “Buy” from Analysts (LON:RMV)
Shares of Rightmove Plc (LON:RMV) have earned an average recommendation of “Buy” from the sixteen ratings firms that are currently covering the stock, Analyst Ratings Net reports. Four equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,930.13 ($48.62).
Several analysts have recently commented on the stock. Analysts at Westhouse Securities downgraded shares of Rightmove Plc to a “neutral” rating in a research note on Friday, August 22nd. They now have a GBX 2,585 ($42.90) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Rightmove Plc in a research note on Thursday, August 14th. They now have a GBX 2,510 ($41.65) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Rightmove Plc in a research note on Tuesday, August 12th. They now have a GBX 2,850 ($47.30) price target on the stock.
Shares of Rightmove Plc (LON:RMV) opened at 2458.00 on Friday. Rightmove Plc has a one year low of GBX 2046.9999 and a one year high of GBX 2814.00. The stock has a 50-day moving average of GBX 2333.18 and a 200-day moving average of GBX 2386.11. The company’s market cap is £2.435 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 of this dividend is Thursday, October 9th.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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