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

Rightmove (LON:RMV)‘s stock had its “underweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday, MarketBeat reports.

Separately, Royal Bank of Canada increased their target price on Rightmove from GBX 630 ($8.16) to GBX 750 ($9.72) and gave the company a “sector perform” rating in a report on Monday, March 3rd.

Rightmove Price Performance

Shares of LON:RMV opened at GBX 663.60 ($8.60) on Wednesday. Rightmove has a one year low of GBX 499.20 ($6.47) and a one year high of GBX 710 ($9.20). The stock has a fifty day moving average of GBX 659.35 and a 200-day moving average of GBX 642.95. The company has a market capitalization of £5.17 billion, a PE ratio of 26.62, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83.

Rightmove (LON:RMV) last released its earnings results on Friday, February 28th. The company reported GBX 12.80 ($0.17) earnings per share (EPS) for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. As a group, equities analysts anticipate that Rightmove will post 30.2327791 EPS for the current fiscal year.

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.