Rightmove Plc 7.8% 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 ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at UBS. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. UBS have set their target price at 505 GBX on its stock. This is indicating the analyst believes there is a potential downside of -7.8% from today’s opening price of 547.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 27.3 points and increased 40.7 points respectively. The 52 week high share price is 588.1 GBX while the 52 week low is 415.2 GBX.

Rightmove Plc has a 50 day moving average of 567.99 GBX and a 200 Day Moving Average share price is recorded at 494.65. There are currently 889,767,252 shares in issue with the average daily volume traded being 1,926,842. Market capitalisation for LON:RMV is £4,744,239,096 GBP.

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