Rightmove: Barclays ups target price from 1740p to 1950p and upgrades to overweight.
4 Jan '13
the chart is clearly suggesting further down side risk and with the company being in close period , looking like we could a few sell notes popping out of the woodwork. directors have been selling blocks of shares post last set of results in August .
9 Nov '12
Canaccord Genuity maintained its "buy" recommendation on Rightmove (RMV) with a target price of 1,800p and believes its recent trading statement suggests "healthy growth in revenue and earnings and strong cash generation". The UK's number one property website held 23.5 million pounds in cash as at 31st October 2012, which was 1.4 million pounds higher than the broker's forecast, an impressive achievement according to Canaccord. The broker is also impressed with the management team and welcomed Nick McKittrick's elevation to the position of Chief Executive.
8 Nov '12
Rightmove: Westhouse Securities upgrades to neutral, target lifted from 1,434p to 1,506p.
8 Nov '12
Outlook The Board is confident of meeting its expectations for the current year. The Board expects to achieve further organic growth in 2013 on the assumption that housing market conditions continue to be challenging but do not substantially worsen.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
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