Rightmove plc (OTCMKTS:RTMVY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Rightmove plc (OTCMKTS:RTMVY) have earned an average recommendation of “Hold” from the five brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company.

Several analysts recently issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Rightmove in a report on Tuesday, August 4th. Citigroup restated a “neutral” rating on shares of Rightmove in a research note on Wednesday, August 5th.

Rightmove Price Performance

Shares of RTMVY stock opened at $11.70 on Friday. The company’s fifty day simple moving average is $11.70 and its 200-day simple moving average is $11.66. Rightmove has a 52 week low of $10.80 and a 52 week high of $22.15.

Rightmove Company Profile

Rightmove plc operates the United Kingdom’s largest online property portal, providing a platform for consumers to search for homes and commercial properties available for sale or rent. Its website and mobile services feature listings from estate agents, letting agents, new-home developers and other property professionals across the UK.

The company generates most of its revenue by selling advertising and listing packages to property professionals. Its services include property marketing, new-home promotion, commercial property listings and data-driven tools designed to help agents and developers attract prospective buyers and tenants.