Rightmove Plc (RMV) Receives Consensus Recommendation of “Hold” from Analysts

Rightmove Plc (LON:RMV) has received a consensus rating of “Hold” from the eighteen ratings firms that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 4,362.29 ($61.16).

Several research analysts have weighed in on RMV shares. Liberum Capital reaffirmed a “buy” rating and set a GBX 5,000 ($70.11) price target on shares of Rightmove in a research report on Tuesday, December 19th. Jefferies Group reaffirmed a “hold” rating and set a GBX 4,000 ($56.09) price target on shares of Rightmove in a research report on Monday, November 27th. Peel Hunt reaffirmed a “hold” rating and set a GBX 4,000 ($56.09) price target on shares of Rightmove in a research report on Monday, December 4th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 4,000 ($56.09) price target on shares of Rightmove in a research report on Monday, December 4th. Finally, Goldman Sachs Group lowered Rightmove to a “sell” rating and boosted their price target for the stock from GBX 3,959 ($55.51) to GBX 4,280 ($60.01) in a research report on Tuesday, January 23rd.

Rightmove (LON:RMV) opened at GBX 4,400 ($61.69) on Tuesday. The firm has a market capitalization of $4,010.00 and a P/E ratio of 3,055.56. Rightmove has a 1 year low of GBX 3,846 ($53.93) and a 1 year high of GBX 4,595 ($64.43).

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About Rightmove

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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