Rightmove Plc (LON:RMV) declared a dividend on Wednesday, July 27th. Investors of record on Thursday, October 6th will be paid a dividend of GBX 19 ($0.25) per share on Friday, November 4th. This represents a yield of 0.46%. The ex-dividend date of this dividend is Thursday, October 6th. The official announcement can be seen at this link.
Rightmove Plc (LON:RMV) opened at 4302.00 on Wednesday. The company’s market capitalization is GBX 4.06 billion. Rightmove Plc has a 12 month low of GBX 3,159.00 and a 12 month high of GBX 4,416.00. The company’s 50-day moving average price is GBX 4,175.78 and its 200 day moving average price is GBX 4,023.82.
A number of equities research analysts have issued reports on RMV shares. Numis Securities Ltd reissued an “add” rating and set a GBX 4,440 ($57.96) target price on shares of Rightmove Plc in a report on Friday, July 22nd. Barclays PLC cut shares of Rightmove Plc to an “underweight” rating and lowered their target price for the company from GBX 4,550 ($59.39) to GBX 3,300 ($43.08) in a report on Monday, July 4th. Goldman Sachs Group Inc. reissued a “neutral” rating and set a GBX 3,962 ($51.72) target price on shares of Rightmove Plc in a report on Tuesday, August 16th. Liberum Capital reissued a “buy” rating and set a GBX 5,000 ($65.27) target price on shares of Rightmove Plc in a report on Tuesday, September 6th. Finally, Deutsche Bank AG boosted their target price on shares of Rightmove Plc from GBX 3,200 ($41.77) to GBX 3,720 ($48.56) and gave the company a “hold” rating in a report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 4,111.06 ($53.66).
About Rightmove Plc
Rightmove plc is a United Kingdom-based company, which operates as a property portal. The Company’s principal business is the operation of the rightmove.co.uk Website. The Company’s Website and mobile platforms provide online property search. The Company’s segments include Agency, New Homes and Other.
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