Rightmove Plc (RMV) Given Average Recommendation of “Hold” by Analysts
Rightmove Plc (LON:RMV) has been given an average recommendation of “Hold” by the nineteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 4,282.57 ($55.31).
A number of analysts have recently weighed in on the company. Liberum Capital reissued a “buy” rating and issued a GBX 5,000 ($64.57) price objective on shares of Rightmove Plc in a research report on Tuesday, June 6th. Peel Hunt reissued a “hold” rating and issued a GBX 4,000 ($51.66) price objective on shares of Rightmove Plc in a research report on Friday, July 28th. Jefferies Group LLC reissued a “hold” rating and issued a GBX 4,000 ($51.66) price objective on shares of Rightmove Plc in a research report on Monday, June 26th. Deutsche Bank AG raised their price objective on Rightmove Plc from GBX 3,880 ($50.11) to GBX 4,000 ($51.66) and gave the stock a “hold” rating in a research report on Monday, July 31st. Finally, Shore Capital reissued a “hold” rating on shares of Rightmove Plc in a research report on Friday, July 28th.
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Rightmove Plc (RMV) opened at 4105.00 on Friday. The stock has a 50 day moving average price of GBX 4,126.27 and a 200 day moving average price of GBX 4,147.23. The stock’s market cap is GBX 3.79 billion. Rightmove Plc has a 1-year low of GBX 3,604.00 and a 1-year high of GBX 4,416.00.
The business also recently disclosed a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, October 5th will be paid a dividend of GBX 22 ($0.28) per share. The ex-dividend date is Thursday, October 5th. This represents a dividend yield of 0.51%.
About Rightmove Plc
Rightmove plc is a United Kingdom-based company, which operates as a property portal. The Company’s principal business is the operation of the rightmove.co.uk Website. The Company’s Website and mobile platforms provide online property search. The Company’s segments include Agency, New Homes and Other.
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