Why Liberum Capital Has Just Restated Their Hold Rating For Rightmove PLC (LON:RMV) Shares

July 27, 2018 - By Margaret Guttierez

Rightmove plc (LON:RMV) Logo

Rightmove PLC (LON:RMV) Rating Reaffirmed

In an analyst report shared with investors and clients on 27 July, Rightmove PLC (LON:RMV) shares had their Hold Rating restate by stock analysts at Liberum Capital.

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 -5.18% below currents GBX 4971 stock price. Rightmove PLC had 31 analyst reports since January 29, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Monday, May 14 by Deutsche Bank. Shore Capital maintained Rightmove plc (LON:RMV) on Monday, March 5 with “Hold” rating. The firm has “Hold” rating given on Friday, February 23 by Peel Hunt. The stock of Rightmove plc (LON:RMV) earned “Hold” rating by Liberum Capital on Friday, July 27. The rating was maintained by Citigroup with “Sell” on Wednesday, July 4. The company was maintained on Friday, July 27 by Numis Securities. Barclays Capital maintained Rightmove plc (LON:RMV) on Monday, February 26 with “Underweight” rating. The stock of Rightmove plc (LON:RMV) earned “Buy” rating by Liberum Capital on Thursday, March 15. Credit Suisse maintained it with “Neutral” rating and GBX 4250 target in Monday, February 26 report. Peel Hunt maintained Rightmove plc (LON:RMV) on Wednesday, April 4 with “Hold” rating.

The stock decreased 2.38% or GBX 121 during the last trading session, reaching GBX 4971. About 174,609 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 4.49 billion GBP. The firm operates through Agency, New Homes, and Other divisions. It has a 32.05 P/E ratio. The Agency segment offers resale and lettings property advertising services on its platforms.

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