Rightmove plc (OTCMKTS:RTMVY) Receives Consensus Rating of “Hold” from Analysts

Shares of Rightmove plc (OTCMKTS:RTMVY) have been given an average rating of “Hold” by the five research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company.

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of Rightmove in a research report on Thursday, June 4th. They set a “neutral” rating for the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Rightmove in a research note on Tuesday, August 4th. Finally, Citigroup reissued a “neutral” rating on shares of Rightmove in a report on Wednesday, August 5th.

Rightmove Price Performance

Rightmove stock remained flat at $11.70 during trading hours on Monday. The stock has a fifty day moving average price of $11.70 and a 200-day moving average price of $11.67. Rightmove has a 1 year low of $10.80 and a 1 year high of $22.15.

About Rightmove

Rightmove plc is a leading online real estate portal headquartered in London, United Kingdom. Launched in April 2000, the company was created by a consortium of UK estate agents to provide a centralized platform for property listings. It has since grown to become the foremost digital marketplace for residential and commercial property in the UK, facilitating connections between buyers, sellers, landlords, tenants, and industry professionals.

The core offering of Rightmove is its property portal, which aggregates listings from estate agents, house builders and new homes developers.