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Rightmove's (RMV) "Underweight" Rating Reiterated at JPMorgan Chase & Co.

Rightmove logo with Communication Services background

JPMorgan Chase & Co. restated their underweight rating on shares of Rightmove (LON:RMV - Free Report) in a report released on Wednesday, MarketBeat.com reports. JPMorgan Chase & Co. currently has a GBX 625 ($8.49) price target on the stock.

Rightmove Stock Performance

RMV traded up GBX 2.44 ($0.03) on Wednesday, hitting GBX 783.04 ($10.64). The company's stock had a trading volume of 880,696 shares, compared to its average volume of 6,129,411. The company's 50 day simple moving average is GBX 763.32 and its 200-day simple moving average is GBX 706.09. The firm has a market cap of £6.10 billion, a P/E ratio of 31.41, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. Rightmove has a 12 month low of GBX 504.60 ($6.86) and a 12 month high of GBX 795.16 ($10.80). The company has a quick ratio of 2.55, a current ratio of 1.83 and a debt-to-equity ratio of 10.15.

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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