Oddo Bhf Initiates Coverage on Rightmove (OTCMKTS:RTMVY)

Investment analysts at Oddo Bhf began coverage on shares of Rightmove (OTCMKTS:RTMVY) in a report issued on Wednesday, The Fly reports. The firm set an “underperform” rating on the stock.

RTMVY has been the topic of a number of other reports. UBS Group raised shares of Rightmove from a “neutral” rating to a “buy” rating in a research report on Monday, March 22nd. Morgan Stanley reaffirmed an “equal weight” rating on shares of Rightmove in a research report on Tuesday, March 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Rightmove in a research report on Wednesday, February 24th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Rightmove in a research report on Wednesday, March 24th. Finally, Credit Suisse Group reissued a “neutral” rating on shares of Rightmove in a report on Monday, March 8th. Six investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Rightmove has an average rating of “Hold”.

OTCMKTS RTMVY opened at $17.86 on Wednesday. The business’s 50-day moving average is $16.90. Rightmove has a 52-week low of $13.29 and a 52-week high of $18.35.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates property portals in the United Kingdom. It operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.

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