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Rightmove Plc 5.8% Potential Decrease Indicated by UBS

Rightmove Plc with EPIC/TICKER (LON:RMV) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at UBS. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. UBS have set their target price at 4900 GBX on its stock. This indicates the analyst believes there is a potential downside of -5.8% from the opening price of 5200 GBX. Over the last 30 and 90 trading days the company share price has increased 254 points and increased 751 points respectively. The 52 week high share price is 5396 GBX while the 52 week low for the share price is 3873 GBX.

Rightmove Plc has a 50 day moving average of 4,982.77 GBX and a 200 Day Moving Average share price is recorded at 4,473.10. There are currently 90,599,384 shares in issue with the average daily volume traded being 459,008. Market capitalisation for LON:RMV is £4,654,735,357 GBP.