Rightmove plc (RMV) Given Consensus Recommendation of “Hold” by Brokerages
Rightmove plc (LON:RMV) has received an average recommendation of “Hold” from the nineteen research firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 4,275.93 ($57.55).
Several brokerages recently commented on RMV. Peel Hunt reaffirmed a “hold” rating and set a GBX 4,000 ($53.84) target price on shares of Rightmove in a report on Friday, November 3rd. Deutsche Bank reaffirmed a “hold” rating and set a GBX 4,000 ($53.84) target price on shares of Rightmove in a report on Monday, December 4th. Liberum Capital reaffirmed a “buy” rating and set a GBX 5,000 ($67.29) target price on shares of Rightmove in a report on Monday, October 2nd. J P Morgan Chase & Co reduced their target price on shares of Rightmove from GBX 4,292 ($57.77) to GBX 4,183 ($56.30) and set a “neutral” rating for the company in a report on Thursday, November 30th. Finally, Jefferies Group reaffirmed a “hold” rating and set a GBX 4,000 ($53.84) target price on shares of Rightmove in a report on Monday, November 27th.
Shares of Rightmove (LON:RMV) opened at GBX 4,377.75 ($58.92) on Monday. Rightmove has a twelve month low of GBX 3,668 ($49.37) and a twelve month high of GBX 4,417 ($59.45).
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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