RIGHTMOVE PLC ORD 0.1P – Consensus Indicates Potential -20.0% Downside

Broker Ratings
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RIGHTMOVE PLC ORD 0.1P found using the EPIC (LON:RMV) have now 18 analysts in total covering the company. The range between the high target price and low target price is between £6.15 and £4. so the average target price would be £4.66. Given that the previous closing share price was at £5.83 this now indicates there is a potential downside of -20.0%. The 50 day MA is £6.13 and the 200 day moving average is £6.32. The market capitalisation for the company is £5b. Company Website: http://www.plc.rightmove.co.uk

Rightmove plc operates property portal in the United Kingdom. The company operates through Agency, New Homes, and Other segments. The Agency segment offers resale and lettings property advertising services on its platforms. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms. The Other segment offers overseas and commercial property advertising services; and non-property advertising services that include third party advertising and data services. The company serves estate agents, lettings agents, and new homes developers. Rightmove plc was founded in 2000 and is based in Milton Keynes, the United Kingdom.

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