RIGHTMOVE PLC/ADR (OTCMKTS:RTMVY) Cut to Sell at Berenberg Bank

Berenberg Bank lowered shares of RIGHTMOVE PLC/ADR (OTCMKTS:RTMVY) from a hold rating to a sell rating in a research report report published on Thursday, The Fly reports.

RTMVY has been the topic of several other reports. Goldman Sachs Group upgraded RIGHTMOVE PLC/ADR from a neutral rating to a buy rating in a report on Tuesday, March 17th. Morgan Stanley reissued an equal weight rating on shares of RIGHTMOVE PLC/ADR in a research note on Thursday, March 26th. Royal Bank of Canada cut shares of RIGHTMOVE PLC/ADR from a sector perform rating to an underperform rating in a research report on Wednesday, April 15th. Barclays reiterated an underweight rating on shares of RIGHTMOVE PLC/ADR in a report on Wednesday, April 29th. Finally, Peel Hunt lowered RIGHTMOVE PLC/ADR to a hold rating in a research report on Tuesday, June 23rd. Four analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. RIGHTMOVE PLC/ADR currently has an average rating of Hold.

OTCMKTS RTMVY opened at $13.41 on Thursday. The business’s 50-day moving average price is $13.92 and its two-hundred day moving average price is $14.89. RIGHTMOVE PLC/ADR has a 12 month low of $8.66 and a 12 month high of $18.58.

RIGHTMOVE PLC/ADR Company Profile

Rightmove plc operates property portal in the United Kingdom. The company operates through Agency, New Homes, and Other segments. The Agency segment offers resale and lettings property advertising services on its platforms. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.

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Analyst Recommendations for RIGHTMOVE PLC/ADR (OTCMKTS:RTMVY)

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