Rightmove (LON:RMV - Get Free Report) had its price target increased by equities research analysts at Royal Bank of Canada from GBX 630 ($8.12) to GBX 750 ($9.66) in a research report issued to clients and investors on Monday,Digital Look reports. The firm presently has a "sector perform" rating on the stock. Royal Bank of Canada's price target would indicate a potential upside of 8.92% from the company's current price.
Other equities research analysts also recently issued research reports about the company. Shore Capital reissued a "buy" rating on shares of Rightmove in a report on Friday, November 8th. Berenberg Bank reissued a "buy" rating and set a GBX 775 ($9.99) price target on shares of Rightmove in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Rightmove in a research note on Thursday, December 5th.
Check Out Our Latest Stock Report on RMV
Rightmove Stock Performance
LON RMV traded up GBX 2.60 ($0.03) on Monday, reaching GBX 688.60 ($8.87). The stock had a trading volume of 255,318,750 shares, compared to its average volume of 10,275,967. Rightmove has a 1-year low of GBX 499.20 ($6.43) and a 1-year high of GBX 710 ($9.15). The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55. The company has a market cap of £5.37 billion, a P/E ratio of 27.62, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The firm has a fifty day moving average of GBX 656.65 and a two-hundred day moving average of GBX 638.17.
Rightmove (LON:RMV - Get Free Report) last posted its quarterly earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.16) EPS for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. On average, equities research analysts anticipate that Rightmove will post 30.2327791 EPS for the current year.
About Rightmove
(
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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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