Canaccord Genuity reaffirmed their hold rating on shares of Rightmove Plc (LON:RMV) in a research note issued to investors on Wednesday morning. Canaccord Genuity currently has a GBX 4,350 ($56.78) price target on the stock.
Several other analysts have also recently issued reports on the stock. Bank of America Corp. reaffirmed a buy rating and issued a GBX 4,600 ($60.04) price target on shares of Rightmove Plc in a report on Friday, September 2nd. Barclays PLC reaffirmed an underweight rating and issued a GBX 3,450 ($45.03) price target on shares of Rightmove Plc in a report on Wednesday, August 31st. Deutsche Bank AG upped their price target on shares of Rightmove Plc from GBX 3,200 ($41.77) to GBX 3,720 ($48.56) and gave the company a hold rating in a report on Thursday, July 28th. Liberum Capital reaffirmed a buy rating and issued a GBX 5,000 ($65.27) price target on shares of Rightmove Plc in a report on Thursday, June 2nd. Finally, BNP Paribas upped their price target on shares of 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. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. Rightmove Plc has an average rating of Hold and a consensus price target of GBX 4,111.06 ($53.66).
Shares of Rightmove Plc (LON:RMV) opened at 4332.00 on Wednesday. The firm’s market cap is GBX 4.09 billion. Rightmove Plc has a 1-year low of GBX 3,159.00 and a 1-year high of GBX 4,354.00. The stock has a 50 day moving average of GBX 4,173.17 and a 200 day moving average of GBX 4,022.93.
The business also recently announced a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be given a GBX 19 ($0.25) dividend. The ex-dividend date is Thursday, October 6th. This represents a yield of 0.46%.
About Rightmove Plc
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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