Rightmove (LON:RMV) Earns Underweight Rating from JPMorgan Chase & Co.

Rightmove (LON:RMV)‘s stock had its “underweight” rating reissued by equities researchers at JPMorgan Chase & Co. in a report issued on Thursday,Digital Look reports.

Several other research firms have also recently issued reports on RMV. Shore Capital reiterated a “buy” rating on shares of Rightmove in a research report on Friday, November 8th. Berenberg Bank reissued a “buy” rating and issued a GBX 775 ($9.85) price target on shares of Rightmove in a research report on Friday, November 8th.

Rightmove Price Performance

Shares of Rightmove stock opened at GBX 663.80 ($8.43) on Thursday. The company has a debt-to-equity ratio of 10.15, a current ratio of 1.83 and a quick ratio of 2.55. Rightmove has a one year low of GBX 499.20 ($6.34) and a one year high of GBX 710 ($9.02). The stock has a market capitalization of £5.22 billion, a P/E ratio of 2,655.20, a price-to-earnings-growth ratio of 2.58 and a beta of 1.05. The business’s 50 day simple moving average is GBX 628.21 and its two-hundred day simple moving average is GBX 588.47.

About Rightmove

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.