Rightmove plc (OTCMKTS:RTMVY) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Rightmove plc (OTCMKTS:RTMVY) have received an average recommendation of “Hold” from the six analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.

Several research firms have recently commented on RTMVY. Citigroup reaffirmed a “neutral” rating on shares of Rightmove in a research note on Wednesday, August 5th. Panmure Gordon downgraded Rightmove to a “hold” rating in a research note on Tuesday, October 20th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Rightmove in a report on Tuesday, August 4th.

Rightmove Price Performance

OTCMKTS:RTMVY opened at $11.70 on Tuesday. The stock has a 50-day simple moving average of $11.70 and a two-hundred day simple moving average of $11.84. 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, connecting people searching for homes with estate agents, letting agents, new-home developers and other property professionals. Its platform provides listings for properties available to buy or rent, along with information and tools intended to support residential property decisions.

The company generates most of its business by providing advertising and digital marketing services to property professionals. Its products include property listings, enhanced online exposure, lead-generation tools, market insights and data services.