Barclays Capital Raises Rightmove to Overweight (RMV)
Rightmove (LON: RMV) was upgraded by equities research analysts at Barclays Capital to an “overweight” rating in a research note issued to investors on Wednesday.
A number of other analysts have also recently weighed in on RMV. Analysts at Jefferies Group reiterated an “underperform” rating on shares of Rightmove in a research note to investors on Monday, January 7th. They now have a $19.50 price target on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Rightmove in a research note to investors on Thursday, November 8th. They now have a $28.77 price target on the stock.
Rightmove opened at 1603.0001 on Wednesday. Rightmove has a 1-year low of GBX 1267.00 and a 1-year high of GBX 1710.00. The stock’s 50-day moving average is currently GBX 1592.. The company’s market cap is £1.645 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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