Rightmove plc (LON:RMV - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 743.20 ($10.09) and traded as high as GBX 746 ($10.13). Rightmove shares last traded at GBX 738.80 ($10.03), with a volume of 1,082,360 shares changing hands.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 815 price objective on shares of Rightmove in a report on Monday, July 28th. Royal Bank Of Canada increased their price target on Rightmove from GBX 750 to GBX 805 and gave the stock a "sector perform" rating in a research report on Monday, July 28th. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a GBX 627 price target on shares of Rightmove in a report on Friday, August 15th. Peel Hunt reaffirmed a "buy" rating and set a GBX 840 target price on shares of Rightmove in a research note on Friday, July 25th. Finally, Berenberg Bank lifted their target price on Rightmove from GBX 795 to GBX 850 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 787.40.
View Our Latest Research Report on RMV
Rightmove Price Performance
The company has a quick ratio of 2.55, a current ratio of 1.83 and a debt-to-equity ratio of 10.15. The stock's 50-day moving average is GBX 775.15 and its 200-day moving average is GBX 743.60. The firm has a market cap of £5.59 billion, a P/E ratio of 2,793.08, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05.
Rightmove (LON:RMV - Get Free Report) last announced its earnings results on Friday, July 25th. The company reported GBX 14.70 earnings per share for the quarter. Rightmove had a net margin of 52.69% and a return on equity of 293.54%. As a group, equities analysts anticipate that Rightmove plc will post 30.2327791 EPS for the current fiscal year.
Rightmove Company Profile
(
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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