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 571.98 ($7.43) and traded as high as GBX 630.20 ($8.18). Rightmove shares last traded at GBX 618.20 ($8.03), with a volume of 1,394,056 shares trading hands.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on RMV shares. Berenberg Bank reiterated a "buy" rating and issued a GBX 650 ($8.44) target price on shares of Rightmove in a research report on Tuesday, September 3rd. Shore Capital reissued a "buy" rating on shares of Rightmove in a research note on Monday, September 2nd. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of GBX 602.67 ($7.82).
Get Our Latest Report on RMV
Rightmove Price Performance
The stock has a market cap of £4.86 billion, a PE ratio of 2,472.80, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The stock's fifty day moving average is GBX 622.10 and its 200-day moving average is GBX 572.25. The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55.
About Rightmove
(
Get Free Report)
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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