Rightmove (LON:RMV) Given Underweight Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their underweight rating on shares of Rightmove (LON:RMV) in a report published on Wednesday morning, Marketbeat reports.

Separately, Royal Bank of Canada boosted their price target on Rightmove from GBX 630 ($8.15) to GBX 750 ($9.70) and gave the stock a “sector perform” rating in a report on Monday, March 3rd.

Rightmove Stock Up 2.5 %

RMV opened at GBX 682.40 ($8.83) on Wednesday. The stock has a market cap of £5.32 billion, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83. The firm’s fifty day moving average is GBX 660.11 and its 200 day moving average is GBX 643.22. Rightmove has a fifty-two week low of GBX 499.20 ($6.46) and a fifty-two week high of GBX 710 ($9.18).

Rightmove (LON:RMV) last announced its quarterly earnings data on Friday, February 28th. The company reported GBX 12.80 ($0.17) EPS for the quarter. Rightmove had a return on equity of 293.54% and a net margin of 52.69%. On average, sell-side analysts forecast that Rightmove will post 30.2327791 earnings per share for the current fiscal year.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.