Analysts Set Rightmove Plc (LON:RMV) Price Target at GBX 4,654.25

Shares of Rightmove Plc (LON:RMV) have received an average rating of “Hold” from the ten research firms that are covering the company, MarketBeat reports. Six analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 4,654.25 ($60.82).

A number of analysts have recently issued reports on the stock. Deutsche Bank lifted their price objective on shares of Spirit Airlines from $75.00 to $79.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Peel Hunt reaffirmed an “under review” rating on shares of Motif Bio in a report on Monday, July 15th. Liberum Capital reaffirmed a “buy” rating on shares of Air Partner in a report on Thursday, July 4th. Finally, UBS Group downgraded shares of ResMed from a “buy” rating to a “neutral” rating in a report on Tuesday, July 16th.

Shares of LON RMV traded down GBX 5 ($0.07) during mid-day trading on Tuesday, reaching GBX 512.20 ($6.69). 2,359,590 shares of the company were exchanged, compared to its average volume of 285,308. Rightmove has a 52 week low of GBX 415.20 ($5.43) and a 52 week high of GBX 588.10 ($7.68). The company has a quick ratio of 0.96, a current ratio of 1.10 and a debt-to-equity ratio of 103.77. The stock has a market cap of $4.56 billion and a PE ratio of 28.94. The stock has a 50 day moving average of GBX 558.28.

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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Analyst Recommendations for Rightmove (LON:RMV)

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