Rightmove Plc 29% Potential Decrease Indicated by Berenberg

Broker Ratings

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 Berenberg. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 385 GBX on its stock. This would imply the analyst believes there is a potential downside of -29.0% from the opening price of 542.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 19.8 points and increased 65.2 points respectively. The 52 week high share price is 710.6 GBX while the year low stock price is currently 373.1 GBX.

Rightmove Plc has a 50 day moving average of 544.69 GBX and the 200 Day Moving Average price is recorded at 589.35. There are currently 873,102,126 shares in issue with the average daily volume traded being 3,821,077. Market capitalisation for LON:RMV is £4,674,588,995 GBP.

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