Rightmove Plc’s (RMV) “Buy” Rating Reiterated at Investec
A number of other equities research analysts also recently weighed in on RMV. Peel Hunt reaffirmed a hold rating and issued a GBX 4,000 ($52.76) target price on shares of Rightmove Plc in a research note on Friday. Liberum Capital reissued a buy rating and set a GBX 5,000 ($65.95) price target on shares of Rightmove Plc in a research note on Friday. Shore Capital reissued a hold rating on shares of Rightmove Plc in a research note on Friday. Citigroup Inc. reissued a sell rating on shares of Rightmove Plc in a research note on Friday, March 31st. Finally, Jefferies Group LLC decreased their price target on shares of Rightmove Plc from GBX 3,600 ($47.49) to GBX 3,500 ($46.17) and set a hold rating on the stock in a research note on Friday, March 31st. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 4,246.11 ($56.01).
Shares of Rightmove Plc (RMV) opened at 4216.00 on Friday. The firm’s 50-day moving average is GBX 4,229.17 and its 200-day moving average is GBX 4,150.91. The company’s market capitalization is GBX 3.90 billion. Rightmove Plc has a 12-month low of GBX 3,604.00 and a 12-month high of GBX 4,416.00.
WARNING: This story was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another site, it was illegally copied and reposted in violation of U.S. and international copyright laws. The correct version of this story can be viewed at https://www.watchlistnews.com/rightmove-plcs-rmv-buy-rating-reiterated-at-investec/1464869.html.
The company also recently announced a dividend, which will be paid on Friday, November 3rd. Investors of record on Thursday, October 5th will be paid a GBX 22 ($0.29) dividend. This represents a dividend yield of 0.51%. The ex-dividend date is Thursday, October 5th.
In related news, insider Robyn Perriss sold 15,129 shares of Rightmove Plc stock in a transaction on Wednesday, May 31st. The shares were sold at an average price of GBX 4,326 ($57.06), for a total value of £654,480.54 ($863,316.90).
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.
Receive News & Ratings for Rightmove Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rightmove Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.