Liberum Capital initiated coverage on shares of Rightmove (OTCMKTS:RTMVY) in a report released on Wednesday, The Fly reports. The firm set a “buy” rating on the stock.
Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Rightmove in a research report on Monday. Berenberg Bank raised shares of Rightmove from a “sell” rating to a “hold” rating in a research report on Tuesday, August 3rd. UBS Group reissued a “neutral” rating on shares of Rightmove in a research report on Monday. Morgan Stanley reissued an “equal weight” rating on shares of Rightmove in a research report on Monday, August 16th. Finally, Oddo Bhf started coverage on shares of Rightmove in a research report on Wednesday, June 9th. They set an “underperform” rating on the stock. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
Shares of OTCMKTS RTMVY opened at $20.51 on Wednesday. Rightmove has a 52 week low of $15.06 and a 52 week high of $21.13. The firm’s fifty day moving average is $19.26 and its 200 day moving average is $17.78.
Rightmove Plc engages in the operation of property search platform. It caters estate agents and home developers to advertise properties for sale or to rent. It operates through the following segments: Agency, New Homes, and Others. The Agency segment consists of resale and lettings property advertising services, and tenant referencing and insurance product.
Featured Article: Why are analyst ratings important in trading stocks?
Receive News & Ratings for Rightmove Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rightmove and related companies with MarketBeat.com's FREE daily email newsletter.