The stock of Rightmove Plc (LON:RMV) is a huge mover today! The stock increased 2.63% or GBX 100.28 on November 18, hitting GBX 3907.28. About 350,958 shares traded hands or 2.16% up from the average. Rightmove Plc (LON:RMV) has declined 1.63% since April 20, 2016 and is downtrending. It has underperformed by 6.06% the S&P500.
The move comes after 9 months positive chart setup for the GBX 3.84B company. It was reported on Nov, 18 by Barchart.com. We have GBX 5626.48 PT which if reached, will make LON:RMV worth GBX 1.69 billion more.
Rightmove Plc (LON:RMV) Ratings Coverage
Out of 19 analysts covering Rightmove PLC (LON:RMV), 6 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 32% are positive. GBX 5000 is the highest target while GBX 2940 is the lowest. The GBX 4096.67 average target is 4.85% above today’s (GBX 3907.28) stock price. Rightmove PLC has been the topic of 95 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Tuesday, August 16 by Goldman Sachs. The rating was maintained by Liberum Capital on Tuesday, September 6 with “Buy”. On Wednesday, July 29 the stock rating was maintained by Investec with “Hold”. Deutsche Bank maintained Rightmove Plc (LON:RMV) rating on Tuesday, March 1. Deutsche Bank has “Hold” rating and GBX 3200 price target. The stock of Rightmove Plc (LON:RMV) has “Hold” rating given on Thursday, July 30 by Deutsche Bank. Goldman Sachs maintained Rightmove Plc (LON:RMV) on Wednesday, September 9 with “Neutral” rating. The rating was maintained by BNP Paribas with “Outperform” on Thursday, July 30. The firm earned “Outperform” rating on Monday, February 29 by BNP Paribas. The firm has “Neutral” rating by Citigroup given on Wednesday, August 12. As per Wednesday, August 12, the company rating was maintained by Liberum Capital.
More recent Rightmove Plc (LON:RMV) news were published by: Fool.Co.Uk which released: “The market has oversold Rightmove plc, Ryanair Holdings plc and Virgin Money …” on July 04, 2016. Also Fool.Co.Uk published the news titled: “Are Rightmove Plc And Purplebricks Group Plc Set To Devastate The £4bn Estate …” on April 04, 2016. Bloomberg.com‘s news article titled: “Why are London Homes Taking Longer to Sell?” with publication date: August 15, 2016 was also an interesting one.
Rightmove plc is a United Kingdom-based company, which operates as a property portal. The company has a market cap of 3.84 billion GBP. The Company’s principal business is the operation of the rightmove.co.uk Website. It has a 31.03 P/E ratio. The Company’s Website and mobile platforms provide online property search.
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