Rightmove plc (OTCMKTS:RTMVY) Stock Rated “Hold” by Wall Street Analysts

Rightmove plc (OTCMKTS:RTMVY) has been given a consensus recommendation of “Hold” by the five research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company.

A number of brokerages have recently weighed in on RTMVY. Citigroup reaffirmed a “neutral” rating on shares of Rightmove in a research note on Wednesday, August 5th. Royal Bank Of Canada reissued an “outperform” rating on shares of Rightmove in a research note on Tuesday, August 4th.

Rightmove Price Performance

Shares of Rightmove stock opened at $11.70 on Friday. Rightmove has a 12-month low of $10.80 and a 12-month high of $22.15. The company’s fifty day simple moving average is $11.70 and its two-hundred day simple moving average is $11.66.

About Rightmove

Rightmove plc operates the United Kingdom’s largest online property portal, providing a platform for consumers to search for homes and commercial properties available for sale or rent. Its website and mobile services feature listings from estate agents, letting agents, new-home developers and other property professionals across the UK.

The company generates most of its revenue by selling advertising and listing packages to property professionals. Its services include property marketing, new-home promotion, commercial property listings and data-driven tools designed to help agents and developers attract prospective buyers and tenants.