Several other analysts have also issued reports on the stock. Numis Securities restated a buy rating and set a GBX 5,305 ($73.29) price target on shares of Rightmove in a research report on Friday. Liberum Capital restated a buy rating and set a GBX 5,000 ($69.08) price target on shares of Rightmove in a research report on Monday, January 15th. Deutsche Bank restated a hold rating and set a GBX 4,000 ($55.26) price target on shares of Rightmove in a research report on Monday, December 4th. Peel Hunt restated a hold rating and set a GBX 4,000 ($55.26) price target on shares of Rightmove in a research report on Monday, December 4th. Finally, Jefferies Group restated a hold rating and set a GBX 4,000 ($55.26) price target on shares of Rightmove in a research report on Monday, November 27th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. Rightmove has a consensus rating of Hold and an average target price of GBX 4,393.36 ($60.70).
Rightmove (LON:RMV) opened at GBX 4,409 ($60.91) on Monday. Rightmove has a 1 year low of GBX 3,846 ($53.14) and a 1 year high of GBX 4,595 ($63.48). The stock has a market cap of $4,010.00 and a price-to-earnings ratio of 2,844.52.
The business also recently declared a dividend, which will be paid on Friday, June 1st. Investors of record on Thursday, May 3rd will be paid a GBX 36 ($0.50) dividend. This is an increase from Rightmove’s previous dividend of $22.00. This represents a yield of 0.8%. The ex-dividend date is Thursday, May 3rd.
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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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