Reaffirmed: Rightmove PLC (LON:RMV) “Buy” Rating Restated by equity analysts Liberum Capital; GBX 4295.00 Target in Place

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Rightmove PLC (LON:RMV) Rating Reaffirmed

Professional analysts at Liberum Capital now has a GBX 4295.00 PT on Rightmove PLC (LON:RMV). Liberum Capital and their recent PT may suggest a potential upside of 4.71% from the company’s current stock price. The rating has been announced to investors in recent note on Wednesday, 2 December.

From a total of 20 analysts covering Rightmove PLC (LON:RMV) stock, 9 rate it a ”Buy”, 2 a “Sell”, and 9 a ”Hold”. This means that 45% of the ratings are positive. The highest target price is GBX 4900 while the lowest target price is GBX 2131. The mean of all analyst targets is GBX 3683.15 with a -7.77% below today’s (GBX 4097) stock price. Rightmove PLC was the topic of 36 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on November 24 with “Buy” rating. Canaccord Genuity maintained shares with “Buy” rating and GBX 3850 target share price in a report from an October 28. BNP Paribas maintained RMV stock in a recent report from November 9 with “Outperform” rating. Barclays Capital maintained the rating on October 28. Barclays Capital has a “Overweight” rating and a GBX 4200 price target on shares. Finally, Peel Hunt maintained the stock with “Hold” rating in a report issued on a November 4.

Approximately 11,386 shares of stock traded hands. Rightmove Plc (LON:RMV) has risen 29.04% since May 5, 2015 and is uptrending. It has outperformed by 29.24% the S&P500.

Reaffirmed: Rightmove PLC (LON:RMV)

Rightmove plc is a United Kingdom-based firm engaged in operating a property portal. The company has a market cap of 3.92 billion GBP. The Company’s principal business is the operation of the Website, rightmove.co.uk, which provides details of all properties available to buy or rent. It has 39.03 P/E ratio. The Company’s platform provides an online property search.

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