Rightmove plc (OTCMKTS:RTMVY) Given Average Rating of “Hold” by Analysts

Shares of Rightmove plc (OTCMKTS:RTMVY) have been assigned an average recommendation of “Hold” from the five research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company.

RTMVY has been the topic of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Rightmove in a report on Tuesday, August 4th. The Goldman Sachs Group started coverage on Rightmove in a report on Thursday, June 4th. They set a “neutral” rating for the company. Finally, Citigroup reaffirmed a “neutral” rating on shares of Rightmove in a research note on Wednesday, August 5th.

Rightmove Price Performance

Shares of RTMVY stock remained flat at $11.70 on Monday. Rightmove has a twelve month low of $10.80 and a twelve month high of $22.15. The stock’s 50-day moving average price is $11.70 and its 200-day moving average price is $11.67.

About Rightmove

Rightmove plc is a leading online real estate portal headquartered in London, United Kingdom. Launched in April 2000, the company was created by a consortium of UK estate agents to provide a centralized platform for property listings. It has since grown to become the foremost digital marketplace for residential and commercial property in the UK, facilitating connections between buyers, sellers, landlords, tenants, and industry professionals.

The core offering of Rightmove is its property portal, which aggregates listings from estate agents, house builders and new homes developers.