Rightmove (LON:RMV)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a report issued on Monday. They currently have a GBX 5,000 ($67.81) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 9.99% from the company’s current price.
Several other equities analysts also recently commented on RMV. Peel Hunt reissued a “hold” rating and issued a GBX 4,000 ($54.24) price objective on shares of Rightmove in a research note on Friday, November 3rd. Jefferies Group reissued a “hold” rating and issued a GBX 4,000 ($54.24) price objective on shares of Rightmove in a research note on Monday, November 27th. JPMorgan Chase & Co. dropped their price objective on shares of Rightmove from GBX 4,292 ($58.20) to GBX 4,183 ($56.73) and set a “neutral” rating for the company in a research note on Thursday, November 30th. Finally, Deutsche Bank reissued a “hold” rating and issued a GBX 4,000 ($54.24) price objective on shares of Rightmove in a research note on Monday, December 4th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 4,224.81 ($57.29).
Shares of Rightmove (LON RMV) traded up GBX 4 ($0.05) during trading hours on Monday, reaching GBX 4,546 ($61.65). 127,890 shares of the company traded hands, compared to its average volume of 245,378. The company has a market cap of $4,150.00 and a P/E ratio of 3,156.94. Rightmove has a fifty-two week low of GBX 3,846 ($52.16) and a fifty-two week high of GBX 4,595 ($62.31).
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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