Rightmove Plc (LON:RMV) Receives Consensus Rating of “Hold” from Analysts

Shares of Rightmove Plc (LON:RMV) have earned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 4,111.06 ($53.66).

Several equities research analysts recently weighed in on RMV shares. Numis Securities Ltd reissued an “add” rating and issued a GBX 4,440 ($57.96) price objective on shares of Rightmove Plc in a report on Friday, July 22nd. Barclays PLC lowered Rightmove Plc to an “underweight” rating and reduced their target price for the company from GBX 4,550 ($59.39) to GBX 3,300 ($43.08) in a report on Monday, July 4th. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a GBX 3,962 ($51.72) target price on shares of Rightmove Plc in a report on Tuesday, August 16th. BNP Paribas lifted their target price on Rightmove Plc from GBX 4,100 ($53.52) to GBX 4,700 ($61.35) and gave the company an “outperform” rating in a report on Wednesday, June 1st. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 5,000 ($65.27) target price on shares of Rightmove Plc in a report on Tuesday, September 6th.

Rightmove Plc (LON:RMV) traded up 2.09% on Wednesday, hitting GBX 4209.00. The stock had a trading volume of 236,508 shares. The stock’s market capitalization is GBX 3.97 billion. Rightmove Plc has a 1-year low of GBX 3,159.00 and a 1-year high of GBX 4,287.00. The company has a 50-day moving average price of GBX 4,164.83 and a 200-day moving average price of GBX 4,013.00.

The business also recently disclosed a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be given a GBX 19 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a yield of 0.46%.

Rightmove Plc 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.

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