Reaffirmed: Rightmove PLC (LON:RMV) “Buy” Rating Maintained at Numis; GBX 6150.00 Target in Place

July 27, 2018 - By Vernon Prom

Rightmove plc (LON:RMV) Logo

Rightmove PLC (LON:RMV) Rating Reaffirmed

The financial firm has just set a target price per share of GBX 6150.00 on Rightmove PLC (LON:RMV) shares. This is 24.27 % from the last stock price. In an analyst note revealed to investors on Friday, 27 July, Numis maintained their “Buy” rating on shares of RMV.

Rightmove plc (LON:RMV) Ratings Coverage

Among 10 analysts covering Rightmove PLC (LON:RMV), 1 have Buy rating, 4 Sell and 5 Hold. Therefore 10% are positive. Rightmove PLC has GBX 6150 highest and GBX 4000 lowest target. GBX 4713.33’s average target is -4.55% below currents GBX 4938 stock price. Rightmove PLC had 31 analyst reports since January 29, 2018 according to SRatingsIntel. Numis Securities maintained it with “Buy” rating and GBX 5305 target in Friday, February 23 report. Numis Securities maintained the shares of RMV in report on Friday, July 27 with “Buy” rating. The rating was maintained by Deutsche Bank on Tuesday, April 24 with “Hold”. As per Friday, July 6, the company rating was downgraded by UBS. As per Wednesday, April 4, the company rating was maintained by Peel Hunt. Barclays Capital maintained the stock with “Underweight” rating in Monday, January 29 report. As per Friday, July 27, the company rating was downgraded by Peel Hunt. As per Wednesday, June 6, the company rating was downgraded by Liberum Capital. The rating was maintained by Liberum Capital with “Hold” on Monday, July 2. The stock of Rightmove plc (LON:RMV) earned “Hold” rating by Peel Hunt on Monday, June 4.

The stock decreased 3.02% or GBX 154 during the last trading session, reaching GBX 4938. About 210,202 shares traded. Rightmove plc (LON:RMV) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Rightmove plc operates property portal in the United Kingdom. The company has market cap of 4.46 billion GBP. The firm operates through Agency, New Homes, and Other divisions. It has a 31.84 P/E ratio. The Agency segment offers resale and lettings property advertising services on its platforms.

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