Rightmove PT Raised to $29.68 at JP Morgan Cazenove (RMV)
Analysts at JP Morgan Cazenove boosted their price target on shares of Rightmove (LON: RMV) from $27.09 (1802 GBX) to $29.68 (1974 GBX) in a research report issued to clients and investors on Monday. The firm currently has an “overweight” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd downgraded shares of Rightmove to an “add” rating in a research note to investors on Friday. They now have a $30.62 price target on the stock, up previously from $28.76. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Rightmove in a research note to investors on Friday. They now have a $27.82 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Rightmove from $27.29 to $30.62 in a research note to investors on Friday. They now have a “buy” rating on the stock.
Rightmove opened at 1757.00 on Monday. Rightmove has a 1-year low of GBX 1334.00 and a 1-year high of GBX 1777.00. The stock’s 50-day moving average is currently GBX 1592.. The company’s market cap is £1.803 billion.
Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.
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