Rightmove Plc 18.7% 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 400 GBX on its stock. This is indicating the analyst believes there is a potential downside of -18.7% from today’s opening price of 492 GBX. Over the last 30 and 90 trading days the company share price has increased 6.2 points and decreased 165.8 points respectively. The 52 week high share price is 710.6 GBX while the year low share price is currently 373.1 GBX.

Rightmove Plc has a 50 day moving average of 540.92 GBX and a 200 day moving average of 583.84. There are currently 964,917,778 shares in issue with the average daily volume traded being 4,047,442. Market capitalisation for LON:RMV is £4,369,002,985 GBP.

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