Barclays PLC reaffirmed their underweight rating on shares of Rightmove Plc (LON:RMV) in a research report sent to investors on Monday morning. The brokerage currently has a GBX 3,650 ($47.64) target price on the stock.
A number of other research analysts also recently commented on the company. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 3,535 ($46.14) target price on shares of Rightmove Plc in a research report on Monday, June 27th. Shore Capital restated a hold rating on shares of Rightmove Plc in a research report on Wednesday, July 20th. Bank of America Corp. restated a buy rating and issued a GBX 4,600 ($60.04) price target on shares of Rightmove Plc in a research report on Friday, September 2nd. Canaccord Genuity restated a hold rating and issued a GBX 4,350 ($56.78) price target on shares of Rightmove Plc in a research report on Wednesday, September 28th. Finally, Liberum Capital restated a buy rating and issued a GBX 5,000 ($65.27) price target on shares of Rightmove Plc in a research report on Tuesday, July 5th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. Rightmove Plc presently has an average rating of Hold and a consensus price target of GBX 4,111.06 ($53.66).
Shares of Rightmove Plc (LON:RMV) opened at 4155.00 on Monday. The stock’s market capitalization is GBX 3.92 billion. Rightmove Plc has a 52-week low of GBX 3,159.00 and a 52-week high of GBX 4,416.00. The stock has a 50 day moving average of GBX 4,177.65 and a 200-day moving average of GBX 4,027.26.
The company also recently declared a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be paid a dividend of GBX 19 ($0.25) per share. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 0.46%.
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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