Rightmove (LON:RMV)‘s stock had its “buy” rating restated by analysts at Panmure Gordon in a research report issued to clients and investors on Monday, Analyst RN reports. They currently have a GBX 3,000 ($48.13) target price on the stock. Panmure Gordon’s price target indicates a potential upside of 26.74% from the stock’s previous close.
Shares of Rightmove (LON:RMV) opened at 2358.00 on Monday. Rightmove has a 52-week low of GBX 1430.00 and a 52-week high of GBX 2507.00. The stock has a 50-day moving average of GBX 2372. and a 200-day moving average of GBX 2086.. The company’s market cap is £2.362 billion.
RMV has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Rightmove in a research note to investors on Wednesday, October 2nd. They now have a GBX 3,000 ($48.13) price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Rightmove in a research note to investors on Wednesday, October 2nd. They set an “outperform” rating and a GBX 2,770 ($44.44) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Rightmove in a research note to investors on Monday, September 30th. They now have a GBX 2,570 ($41.23) price target on the stock. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 2,578.65 ($41.37).
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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