Rightmove (LON:RMV)‘s stock had its “add” rating restated by Westhouse Securities in a research note issued on Wednesday, AR Network reports. They currently have a GBX 2,570 ($41.58) price objective on the stock. Westhouse Securities’ price objective suggests a potential downside of 1.46% from the company’s current price.
Rightmove (LON:RMV) opened at 2651.00 on Wednesday. Rightmove has a 1-year low of GBX 1430.00 and a 1-year high of GBX 2668.00. The stock has a 50-day moving average of GBX 2379. and a 200-day moving average of GBX 2170.. The company’s market cap is £2.655 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity raised their price target on shares of Rightmove from GBX 2,800 ($45.30) to GBX 3,000 ($48.54) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Rightmove in a research note to investors on Friday, October 25th. They now have a GBX 3,300 ($53.39) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Rightmove in a research note to investors on Monday, October 7th. They now have a GBX 3,000 ($48.54) price target on the stock. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Rightmove presently has a consensus rating of “Buy” and a consensus price target of GBX 2,649.53 ($42.87).
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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