Shares of Rightmove plc (LON:RMV - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 786.40 ($10.65) and last traded at GBX 785.20 ($10.63), with a volume of 3453761 shares changing hands. The stock had previously closed at GBX 775.20 ($10.50).
Analysts Set New Price Targets
Several equities research analysts have recently commented on the company. Royal Bank Of Canada upped their price target on Rightmove from GBX 630 ($8.53) to GBX 750 ($10.15) and gave the stock a "sector perform" rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Rightmove in a report on Wednesday, March 12th.
Read Our Latest Stock Report on RMV
Rightmove Price Performance
The stock has a fifty day moving average of GBX 751.67 and a two-hundred day moving average of GBX 696.61. The stock has a market cap of £6.09 billion, a price-to-earnings ratio of 31.33, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. 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.
Further Reading
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