Rightmove’s (LON:RMV) “Buy” Rating Reiterated at Liberum Capital

Liberum Capital reissued their buy rating on shares of Rightmove (LON:RMV) in a research report released on Tuesday, December 19th. Liberum Capital currently has a GBX 5,000 ($67.81) price target on the stock.

RMV has been the subject of several other reports. JPMorgan Chase & Co. decreased their target price 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. Jefferies Group reissued a hold rating and issued a GBX 4,000 ($54.24) target price on shares of Rightmove in a research note on Monday, November 27th. Peel Hunt reissued a hold rating and issued a GBX 4,000 ($54.24) target price on shares of Rightmove in a research note on Friday, November 3rd. Finally, Deutsche Bank reissued a hold rating and issued a GBX 4,000 ($54.24) target price on shares of Rightmove in a research note on Monday, December 4th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 4,209.35 ($57.08).

Rightmove (LON RMV) traded up GBX 23 ($0.31) during midday trading on Tuesday, hitting GBX 4,542 ($61.59). 290,154 shares of the stock were exchanged, compared to its average volume of 254,285. Rightmove has a 12 month low of GBX 3,846 ($52.16) and a 12 month high of GBX 4,595 ($62.31). The firm has a market capitalization of $4,150.00 and a P/E ratio of 3,154.17.

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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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