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Rightmove Plc 9.9% Potential Decrease Indicated by Goldman Sachs

Rightmove Plc with EPIC/TICKER (LON:RMV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Goldman Sachs. Rightmove Plc are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 522 GBX on its stock. This would imply the analyst believes there is a potential downside of -9.9% from today’s opening price of 579.3 GBX. Over the last 30 and 90 trading days the company share price has increased 32.6 points and increased 82.3 points respectively. The 52 week high for the share price is currently at 583.8 GBX while the year low share price is currently 415.2 GBX.

Rightmove Plc has a 50 day moving average of 546.23 GBX and the 200 Day Moving Average price is recorded at 486.33. There are currently 889,823,687 shares in issue with the average daily volume traded being 1,672,807. Market capitalisation for LON:RMV is £5,076,444,134 GBP.

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