Rightmove plc (LON:RMV – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 579.15 ($7.30) and traded as high as GBX 610.20 ($7.69). Rightmove shares last traded at GBX 603.80 ($7.61), with a volume of 1,778,576 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Shore Capital restated a “buy” rating on shares of Rightmove in a research report on Friday, November 8th. Berenberg Bank restated a “buy” rating and set a GBX 775 ($9.77) target price on shares of Rightmove in a report on Friday, November 8th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Rightmove has a consensus rating of “Hold” and a consensus price target of GBX 644.33 ($8.12).
Rightmove Stock Performance
About Rightmove
Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.
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