UBS Group Reaffirms Neutral Rating for Rightmove (OTCMKTS:RTMVY)

UBS Group reaffirmed their neutral rating on shares of Rightmove (OTCMKTS:RTMVY) in a research note published on Monday, The Fly reports.

Other analysts also recently issued reports about the stock. Morgan Stanley reissued an equal weight rating on shares of Rightmove in a research note on Monday, August 16th. Berenberg Bank raised shares of Rightmove from a sell rating to a hold rating in a research note on Tuesday, August 3rd. Barclays reaffirmed an underweight rating on shares of Rightmove in a research note on Monday, August 2nd. Oddo Bhf started coverage on shares of Rightmove in a research note on Wednesday, June 9th. They set an underperform rating for the company. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Rightmove in a research note on Monday, August 23rd. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Hold.

OTCMKTS RTMVY opened at $20.51 on Monday. Rightmove has a 52-week low of $15.06 and a 52-week high of $21.13. The company has a fifty day moving average of $19.21 and a 200-day moving average of $17.74.

About Rightmove

Rightmove Plc engages in the operation of property search platform. It caters estate agents and home developers to advertise properties for sale or to rent. It operates through the following segments: Agency, New Homes, and Others. The Agency segment consists of resale and lettings property advertising services, and tenant referencing and insurance product.

Further Reading: Growth and Income Funds

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