Rightmove Plc (RMV) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Rightmove Plc (LON:RMV) have been assigned an average recommendation of “Hold” from the nineteen analysts that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 4,282.57 ($56.51).
A number of brokerages recently commented on RMV. Liberum Capital restated a “buy” rating and issued a GBX 5,000 ($65.98) target price on shares of Rightmove Plc in a research note on Friday, August 4th. Barclays PLC restated an “underweight” rating on shares of Rightmove Plc in a research note on Monday, July 31st. Shore Capital reiterated a “hold” rating on shares of Rightmove Plc in a research note on Friday, July 28th. Investec reiterated a “buy” rating on shares of Rightmove Plc in a research note on Friday, July 28th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 4,000 ($52.78) price objective on shares of Rightmove Plc in a research note on Friday, August 4th.
In other news, insider Peter Brooks-Johnson sold 30,907 shares of the stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of GBX 4,103 ($54.14), for a total transaction of £1,268,114.21 ($1,673,415.43).
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Rightmove Plc (RMV) opened at 4118.00 on Friday. Rightmove Plc has a one year low of GBX 3,604.00 and a one year high of GBX 4,374.00. The firm’s market cap is GBX 3.81 billion. The stock’s 50 day moving average is GBX 4,075.54 and its 200 day moving average is GBX 4,161.96.
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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