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Rightmove Plc 23.2% Potential Upside Indicated by Liberum Capital

Rightmove Plc using EPIC/TICKER code LON:RMV had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Liberum Capital. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. Liberum Capital have set a target price of 5000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 23.2% from today’s opening price of 4059 GBX. Over the last 30 and 90 trading days the company share price has increased 398 points and increased 44 points respectively.

 
Rightmove Plc LON:RMV has a 50 day moving average of 3,843.79 GBX and a 200 day moving average of 3,996.26 GBX. The 52 week high for the share price is currently at 4416 GBX while the 52 week low is 3159 GBX. There are currently 93,204,143 shares in issue with the average daily volume traded being 156,848. Market capitalisation for LON:RMV is £3,748,670,631 GBP.

 

Rightmove Plc is a United Kingdom-based company, which operates as a property portal. The Company’s principal business is the operation of the rightmove.co.uk Website. The Company’s Website and mobile platforms provide online property search. The Company’s segments include Agency, New Homes and Other. The Agency segment provides resale and lettings property advertising services on www.rightmove.co.uk.


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