Rightmove plc (OTCMKTS:RTMVY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Rightmove plc (OTCMKTS:RTMVY) have been given an average rating of “Hold” by the five brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several research firms have commented on RTMVY. Citigroup restated a “neutral” rating on shares of Rightmove in a research report on Wednesday, August 5th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Rightmove in a research report on Tuesday, August 4th. Finally, The Goldman Sachs Group initiated coverage on Rightmove in a report on Thursday, June 4th. They issued a “neutral” rating for the company.

Rightmove Price Performance

OTCMKTS:RTMVY opened at $11.70 on Monday. Rightmove has a 52 week low of $10.80 and a 52 week high of $22.15. The stock has a 50 day moving average of $11.70 and a 200-day moving average of $11.68.

Rightmove Company Profile

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.