Rightmove Plc (RMV) Receives GBX 4,643.40 Average Price Target from Analysts
Rightmove Plc (LON:RMV) has received a consensus recommendation of “Hold” from the eleven ratings firms that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 4,643.40 ($60.67).
Several research analysts recently commented on the company. Peel Hunt reissued a “reduce” rating on shares of Rightmove in a research note on Monday, April 1st. Liberum Capital reissued a “hold” rating on shares of Rightmove in a research note on Monday, March 25th. UBS Group cut Rightmove to a “neutral” rating in a research note on Monday, March 18th. Deutsche Bank reissued a “buy” rating on shares of Rightmove in a research note on Monday, March 4th. Finally, Shore Capital reissued a “hold” rating on shares of Rightmove in a research note on Friday, March 1st.
RMV opened at GBX 519.50 ($6.79) on Friday. Rightmove has a 12 month low of GBX 415.20 ($5.43) and a 12 month high of GBX 539.60 ($7.05). The firm has a market cap of $4.61 billion and a P/E ratio of 29.35. The company has a quick ratio of 0.96, a current ratio of 1.10 and a debt-to-equity ratio of 103.77.
Rightmove Company Profile
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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