A number of research firms have changed their ratings and price targets for Rightmove (LON: RMV):

  • 12/4/2017 – Rightmove had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 4,000 ($53.84) price target on the stock.
  • 12/4/2017 – Rightmove had its “hold” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 4,000 ($53.84) price target on the stock.
  • 11/30/2017 – Rightmove had its price target lowered by analysts at J P Morgan Chase & Co from GBX 4,292 ($57.77) to GBX 4,183 ($56.30). They now have a “neutral” rating on the stock.
  • 11/27/2017 – Rightmove had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a GBX 4,000 ($53.84) price target on the stock.
  • 11/3/2017 – Rightmove had its “hold” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 4,000 ($53.84) price target on the stock.

Shares of Rightmove plc (LON:RMV) traded up GBX 52.88 ($0.71) on Wednesday, hitting GBX 4,172.88 ($56.16). 437,556 shares of the stock were exchanged, compared to its average volume of 288,111. Rightmove plc has a twelve month low of GBX 3,638 ($48.96) and a twelve month high of GBX 4,374 ($58.87).

In other news, insider Peter Brooks-Johnson sold 30,907 shares of the firm’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of GBX 4,103 ($55.22), for a total transaction of £1,268,114.21 ($1,706,748.60).

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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