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.
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.
Rightmove.co.uk is one of the UK's largest property agents. It is British famous real estate website, providing house renting and selling. One of its distinctive services is that it provides a special house to students. Using Rightmove Students, they can find university accommodation, student housing, halls of residence and private halls that are close to their university campus. All the student accommodation is listed on the page of the website so it is easy to find out the right house for you. We say it is one of its distinctive services because the price is comparatively cheap, but this is not categorical. It all depends on what kind of house students want to rent.
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