Rightmove Plc 12% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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Rightmove Plc using EPIC/TICKER code (LON:RMV) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set a target price of 420 GBX on its stock. This now indicates the analyst believes there is a potential downside of -12.0% from today’s opening price of 477.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.45 points and increased 20.25 points respectively. The 1 year high for the stock price is 539.6 GBX while the 52 week low is 414.5 GBX.

Rightmove Plc has a 50 day moving average of 470.99 GBX and a 200 day moving average of 478.14. There are currently 892,556,026 shares in issue with the average daily volume traded being 2,469,107. Market capitalisation for LON:RMV is £4,418,598,497 GBP.

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