Rightmove (RMV)

Sector:

Real Estate

Index:

FTSE 100

508.80p
   
  • Change Today:
    -2.20p
  • 52 Week High: 594.80p
  • 52 Week Low: 462.90p
  • Currency: UK Pounds
  • Shares Issued: 795.90m
  • Volume: 1,973,643
  • Market Cap: £4,049.55m
  • RiskGrade: 130

RBC Capital upgrades Rightmove to 'sector perform'

By Michele Maatouk

Date: Thursday 24 Mar 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded Rightmove on Thursday to 'sector perform' from 'underperform', saying it is now more confident in the company's ability to deliver on market expectations, based on its bottom-up average revenue per advertiser analysis.
"We appreciate RMV's market-leading network effects, ongoing product innovation and strong cash generation," RBC said.

"However, we believe this is already reflected in the current share price."

The bank lifted its price target on the shares to 630p from 600p on higher estimates.

At 1030 GMT, the shares were up 0.7% at 657.40p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Rightmove Market Data

Currency UK Pounds
Share Price 508.80p
Change Today -2.20p
% Change -0.43 %
52 Week High 594.80p
52 Week Low 462.90p
Volume 1,973,643
Shares Issued 795.90m
Market Cap £4,049.55m
RiskGrade 130

Rightmove Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.94% below the market average98.94% below the market average98.94% below the market average98.94% below the market average98.94% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
11.52% below the market average11.52% below the market average11.52% below the market average11.52% below the market average11.52% below the market average
6.98% below the sector average6.98% below the sector average6.98% below the sector average6.98% below the sector average6.98% below the sector average
Income
83.44% below the market average83.44% below the market average83.44% below the market average83.44% below the market average83.44% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Growth
2.98% below the market average2.98% below the market average2.98% below the market average2.98% below the market average2.98% below the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 1
Sell 5
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rightmove Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 28-Sep-23
Paid 24-May-24 27-Oct-23
Amount 5.70p 3.60p

Trades for 19-Apr-2024

Time Volume / Share Price
16:35 889,398 @ 508.80p
16:35 1,430 @ 508.80p
16:35 318 @ 508.80p
16:35 1,663 @ 508.80p
16:35 1,747 @ 508.80p

Rightmove Key Personnel

CFO Alison Dolan
CEO Johan Svanström

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