Rightmove Plc 30.3% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Rightmove Plc with EPIC/TICKER (LON:RMV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning 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 433 GBX on its stock. This indicates the analyst believes there is a potential downside of -30.3% from today’s opening price of 621 GBX. Over the last 30 and 90 trading days the company share price has increased 29.2 points and increased 84.5 points respectively. The 52 week high share price is 641.2 GBX while the 52 week low for the share price is 415.2 GBX.

Rightmove Plc has a 50 day moving average of 587.13 GBX and a 200 day moving average of 551.61. There are currently 880,165,163 shares in issue with the average daily volume traded being 2,154,766. Market capitalisation for LON:RMV is £5,458,784,448 GBP.

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