Rightmove Plc (LON:RMV) declared a dividend on Wednesday, July 27th. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 19 ($0.25) per share on Friday, November 4th. This represents a dividend yield of 0.46%. The ex-dividend date is Thursday, October 6th. The official announcement can be viewed at this link.
Rightmove Plc (LON:RMV) opened at 4222.00 on Friday. The stock has a 50 day moving average price of GBX 4,169.65 and a 200-day moving average price of GBX 4,019.82. Rightmove Plc has a 12-month low of GBX 3,159.00 and a 12-month high of GBX 4,287.00. The stock’s market capitalization is GBX 3.99 billion.
A number of brokerages have recently issued reports on RMV. Barclays PLC lowered Rightmove Plc to an “underweight” rating and cut their target price for the stock from GBX 4,550 ($59.39) to GBX 3,300 ($43.08) in a research report on Monday, July 4th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 3,535 ($46.14) target price on shares of Rightmove Plc in a research report on Monday, June 27th. Shore Capital reaffirmed a “hold” rating on shares of Rightmove Plc in a research report on Wednesday, July 20th. Bank of America Corp. reiterated a “buy” rating and set a GBX 4,600 ($60.04) price target on shares of Rightmove Plc in a report on Friday, September 2nd. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 5,000 ($65.27) price target on shares of Rightmove Plc in a report on Tuesday, July 5th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 4,111.06 ($53.66).
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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