Rightmove Stock Rating Reaffirmed by Beaufort Securities (RMV)

Beaufort Securities reissued their hold rating on shares of Rightmove (LON: RMV) in a research report released on Thursday morning.
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Shares of Rightmove (LON: RMV) opened at 2003.0001 on Thursday. Rightmove has a one year low of GBX 1413.661 and a one year high of GBX 1989.00. The stock’s 50-day moving average is currently GBX 1592.. The company’s market cap is £2.003 billion.
 
A number of other analysts have also recently weighed in on RMV. Analysts at Panmure Gordon raised their price target on shares of Rightmove from GBX 2,000 ($30.68) to GBX 2,300 ($35.28) in a research note to investors on Wednesday, May 8th. They now have a buy rating on the stock. Separately, analysts at Numis Securities Ltd reiterated an add rating on shares of Rightmove in a research note to investors on Wednesday, May 8th. They now have a GBX 2,037 ($31.25) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a buy rating on shares of Rightmove in a research note to investors on Wednesday, May 8th. They now have a GBX 2,170 ($33.29) price target on the stock.
 
One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of GBX 1,958.33 ($30.04).
 
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.

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