Rightmove plc (OTCMKTS:RTMVY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Rightmove plc (OTCMKTS:RTMVYGet Rating) have earned an average rating of “Hold” from the twelve analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $655.60.

RTMVY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upped their price target on Rightmove from GBX 600 ($7.35) to GBX 610 ($7.47) in a research note on Thursday, July 28th. UBS Group cut their target price on Rightmove from GBX 740 ($9.07) to GBX 670 ($8.21) in a research note on Thursday, July 7th. Morgan Stanley cut their target price on Rightmove from GBX 724 ($8.87) to GBX 640 ($7.84) in a research note on Tuesday, May 31st. Bank of America raised Rightmove from a “neutral” rating to a “buy” rating in a research note on Thursday, May 12th. Finally, JPMorgan Chase & Co. raised Rightmove from an “underweight” rating to a “neutral” rating in a report on Friday, May 27th.

Rightmove Stock Down 2.8 %

Shares of RTMVY stock opened at $15.67 on Friday. The business’s fifty day moving average is $14.44 and its 200 day moving average is $15.68. Rightmove has a twelve month low of $12.80 and a twelve month high of $22.09.

About Rightmove

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Rightmove plc, together with its subsidiaries, operates property portals in the United Kingdom and internationally. It operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. It also offers tenant references and rent guarantee insurance services to landlords.

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Analyst Recommendations for Rightmove (OTCMKTS:RTMVY)

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