JPMorgan Cazenove downgraded Rightmove on Tuesday to ‘underweight’ from ‘neutral’ and cut the price target to 493p from 585p as it pointed to higher R&D and opex spend.
Average UK house prices rose 1.3% last month, posting the largest jump in three years amid signs the market was starting to ease, according to a Rightmove survey published on Monday.
Rightmove plc (LON:RMV – Get Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 544.16 ($6.94) and traded as high as GBX 569.47 ($7.26). Rightmove shares last traded at GBX 549.80 ($7.01), with a volume of […]
The terraced house looks a steal for an asking price in excess of £70,000 and the chance to recoup cash through rent payments. But it comes with tenants who have packed the rooms to the ceiling
Rightmove plc (LON:RMV – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 542.52 ($6.91) and traded as high as GBX 558 ($7.11). Rightmove shares last traded at GBX 553.20 ($7.04), with a volume of 1,676,289 shares changing hands. […]