Rightmove Plc 13.2% Potential Decrease Indicated by UBS

Broker Ratings
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Rightmove Plc using EPIC/TICKER code (LON:RMV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at UBS. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. UBS have set their target price at 540 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.2% from the opening price of 621.8 GBX. Over the last 30 and 90 trading days the company share price has increased 27.8 points and increased 86.4 points respectively. The 1 year high share price is 641.2 GBX while the year low stock price is currently 415.2 GBX.

Rightmove Plc has a 50 day moving average of 593.04 GBX and a 200 Day Moving Average share price is recorded at 554.33. There are currently 879,642,005 shares in issue with the average daily volume traded being 2,216,302. Market capitalisation for LON:RMV is £5,511,836,588 GBP.

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