Rightmove Plc (RMV) Receives Average Recommendation of “Hold” from Analysts
Rightmove Plc (LON:RMV) has received an average rating of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 4,616.25 ($60.32).
RMV has been the topic of several research analyst reports. UBS Group upgraded shares of Rightmove to a “buy” rating in a research report on Monday, October 22nd. Peel Hunt reiterated a “reduce” rating on shares of Rightmove in a research report on Wednesday, September 5th. Finally, Deutsche Bank reiterated a “hold” rating on shares of Rightmove in a research report on Wednesday, September 12th.
In related news, insider Peter Brooks-Johnson purchased 31,233 shares of the stock in a transaction dated Tuesday, November 27th. The shares were acquired at an average cost of GBX 437 ($5.71) per share, for a total transaction of £136,488.21 ($178,346.02).
Rightmove plc operates property portal in the United Kingdom. The company operates through Agency, New Homes, and Other segments. The Agency segment offers resale and lettings property advertising services on its platforms. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.
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