Rightmove Plc (RMV) Receives Average Rating of “Hold” from Analysts

Shares of Rightmove Plc (LON:RMV) have received a consensus recommendation of “Hold” from the nineteen brokerages that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 4,275.93 ($57.99).

Several research firms recently issued reports on RMV. Liberum Capital reissued a “buy” rating and set a GBX 5,000 ($67.81) price target on shares of Rightmove in a research report on Tuesday, December 19th. Jefferies Group reissued a “hold” rating and set a GBX 4,000 ($54.24) price target on shares of Rightmove in a research report on Monday, November 27th. Peel Hunt reissued a “hold” rating and set a GBX 4,000 ($54.24) price target on shares of Rightmove in a research report on Monday, December 4th. Deutsche Bank reissued a “hold” rating and set a GBX 4,000 ($54.24) price target on shares of Rightmove in a research report on Monday, December 4th. Finally, JPMorgan Chase & Co. dropped their price target on Rightmove from GBX 4,292 ($58.20) to GBX 4,183 ($56.73) and set a “neutral” rating on the stock in a research report on Thursday, November 30th.

Rightmove (RMV) opened at GBX 4,519 ($61.28) on Friday. Rightmove has a 52-week low of GBX 3,846 ($52.16) and a 52-week high of GBX 4,595 ($62.31). The stock has a market capitalization of $4,140.00 and a P/E ratio of 3,138.19.

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Rightmove Company Profile

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.

Analyst Recommendations for Rightmove (LON:RMV)

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