RIGHTMOVE PLC ORD 0.1P – Consensus Indicates Potential -21.6% Downside

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RIGHTMOVE PLC ORD 0.1P with EPIC code (LON:RMV) have now 18 analysts covering the company. The target price ranges between £6.15 and £4. so the average target price would be £4.66. Given that the previous closing share price was at £5.95 this now indicates there is a potential downside of -21.6%. The 50 day MA is £5.96 and the 200 day moving average is £6.26. The company has a market capitalisation of £5b. You can visit the company’s website by visiting: 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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