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Rightmove Plc 9.6% Potential Decrease Indicated by Deutsche Bank

Rightmove Plc with EPIC/TICKER (LON:RMV) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set their target price at 4000 GBX on its stock. This would indicate that the analyst believes there is a downside of -9.6% from today’s opening price of 4427 GBX. Over the last 30 and 90 trading days the company share price has decreased 75 points and increased 292 points respectively. The 52 week high share price is 4595 GBX while the 52 week low for the stock is 3846 GBX.

Rightmove Plc has a 50 day moving average of 4,351.21 GBX and a 200 Day Moving Average share price is recorded at 4,225.26. There are currently 89,735,315 shares in issue with the average daily volume traded being 233,630. Market capitalisation for LON:RMV is £3,950,148,566 GBP.