Rightmove Given Hold Rating at Deutsche Bank (RMV)

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Deutsche Bank restated their hold rating on shares of Rightmove (LON:RMV) in a research note issued to investors on Monday, American Banking & Market News reports. The firm currently has a GBX 2,650 ($44.41) price target on the stock.

Deutsche Bank has also taken action a number of other stocks recently. The firm reiterated its buy rating on shares of Vodafone. Also, Deutsche Bank reiterated its buy rating on shares of Intercontinental Hotels Group. Finally, Deutsche Bank reiterated its hold rating on shares of Magna International. They have a $95.00 price target on that stock, up previously from $85.00.

Rightmove (LON:RMV) opened at 2705.00 on Monday. Rightmove has a 52 week low of GBX 1700.00 and a 52 week high of GBX 2814.00. The stock has a 50-day moving average of GBX 2649.56 and a 200-day moving average of GBX 2510.. The company’s market cap is £2.709 billion.

A number of other analysts have also recently weighed in on RMV. Analysts at BNP Paribas reiterated an outperform rating on shares of Rightmove in a research note on Monday, February 3rd. They now have a GBX 3,200 ($53.63) price target on the stock. Separately, analysts at Credit Suisse reiterated an outperform rating on shares of Rightmove in a research note on Friday, January 31st. They now have a GBX 2,770 ($46.42) price target on the stock. Finally, analysts at Barclays reiterated an overweight rating on shares of Rightmove in a research note on Monday, January 27th. They now have a GBX 2,900 ($48.60) price target on the stock. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Rightmove currently has an average rating of Buy and an average target price of GBX 2,785.23 ($46.68).

Rightmove plc operates in the United Kingdom residential and commercial property industry connecting people to properties.

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