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Rightmove Plc 18% Potential Decrease Indicated by Barclays Capital

Rightmove Plc using EPIC/TICKER code (LON:RMV) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set a target price of 4050 GBX on its stock. This indicates the analyst believes there is a potential downside of -18.0% from the opening price of 4941 GBX. Over the last 30 and 90 trading days the company share price has decreased 269 points and increased 377 points respectively. The 1 year high stock price is 5396 GBX while the 52 week low is 3873 GBX.

Rightmove Plc has a 50 day moving average of 5,132.35 GBX and a 200 day moving average of 4,562.07. There are currently 90,599,384 shares in issue with the average daily volume traded being 465,723. Market capitalisation for LON:RMV is £4,620,801,036 GBP.