Rightmove Plc (RMV) Given Consensus Recommendation of “Hold” by Brokerages
Rightmove Plc (LON:RMV) has been assigned an average rating of “Hold” from the nineteen research firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 4,282.57 ($56.81).
Several analysts recently issued reports on the stock. Liberum Capital restated a “buy” rating and issued a GBX 5,000 ($66.32) price objective on shares of Rightmove Plc in a report on Friday, August 4th. Investec reaffirmed a “buy” rating on shares of Rightmove Plc in a research note on Friday, July 28th. Deutsche Bank AG lifted their price target on shares of Rightmove Plc from GBX 3,880 ($51.47) to GBX 4,000 ($53.06) and gave the company a “hold” rating in a research report on Monday, July 31st. Peel Hunt reiterated a “hold” rating and set a GBX 4,000 ($53.06) price target on shares of Rightmove Plc in a research report on Friday, July 28th. Finally, Shore Capital reissued a “hold” rating on shares of Rightmove Plc in a research note on Friday, July 28th.
Rightmove Plc (RMV) opened at 4101.00 on Wednesday. The company’s market capitalization is GBX 3.79 billion. The firm has a 50-day moving average of GBX 4,074.83 and a 200-day moving average of GBX 4,153.11. Rightmove Plc has a 52 week low of GBX 3,604.00 and a 52 week high of GBX 4,374.00.
The company also recently disclosed a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, October 5th will be given a GBX 22 ($0.29) dividend. This represents a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, October 5th.
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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