Rightmove Plc 2.5% 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 ‘Downgrades’ 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 a target price of 658 GBX on its stock. This now indicates the analyst believes there is a potential downside of -2.5% from the opening price of 674.8 GBX. Over the last 30 and 90 trading days the company share price has increased 30 points and increased 84.4 points respectively. The 1 year high for the stock price is 681.13 GBX while the 52 week low for the share price is 446.12 GBX.

Rightmove Plc has a 50 day moving average of 639.97 GBX and the 200 Day Moving Average price is recorded at 576.04. There are currently 877,117,402 shares in issue with the average daily volume traded being 2,243,184. Market capitalisation for LON:RMV is £5,920,542,463 GBP.

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