Rightmove (LON:RMV) Receives Underweight Rating from JPMorgan Chase & Co.

Rightmove (LON:RMV)‘s stock had its “underweight” rating restated by equities researchers at JPMorgan Chase & Co. in a report issued on Thursday, Marketbeat.com reports.

A number of other analysts also recently issued reports on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 775 ($9.88) target price on shares of Rightmove in a research report on Friday, November 8th. Shore Capital reissued a “buy” rating on shares of Rightmove in a report on Friday, November 8th.

Rightmove Trading Up 1.5 %

Shares of RMV stock opened at GBX 675.20 ($8.61) on Thursday. The company has a quick ratio of 2.55, a current ratio of 1.83 and a debt-to-equity ratio of 10.15. The firm has a market cap of £5.31 billion, a P/E ratio of 2,700.80, a PEG ratio of 2.58 and a beta of 1.05. The company has a 50 day moving average of GBX 627.61 and a 200-day moving average of GBX 589.94. Rightmove has a 12-month low of GBX 499.20 ($6.36) and a 12-month high of GBX 710 ($9.05).

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.