Rightmove Plc 12.3% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Rightmove Plc using EPIC/TICKER code (LON:RMV) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set their target price at 435 GBX on its stock. This indicates the analyst believes there is a potential downside of -12.3% from the opening price of 495.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 195.5 points and decreased 145.1 points respectively. The 52 week high share price is 710.6 GBX while the year low share price is currently 408.7 GBX.

Rightmove Plc has a 50 day moving average of 647.35 GBX and a 200 Day Moving Average share price is recorded at 592.22. There are currently 873,100,206 shares in issue with the average daily volume traded being 3,629,266. Market capitalisation for LON:RMV is £3,819,813,401 GBP.

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