Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOnthemarket Share News (OTMP)

Share Price Information for Onthemarket (OTMP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 97.50
Bid: 90.00
Ask: 105.00
Change: 0.00 (0.00%)
Spread: 15.00 (16.67%)
Open: 97.50
High: 97.50
Low: 90.00
Yest. Close: 97.50
OTMP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

OnTheMarket agrees partnership with Canopy

Mon, 24th May 2021 10:13

(Sharecast News) - OnTheMarket has struck a 12-month exclusive partnership with Canopy, a tenant referencing platform.
The property portal, which is majority-owned by estate agents, said the commercial partnership would provide its agents with free tenant referencing, including employment and landlord references. Canopy also provides credit history, identify verification and anti-money laundering information.

Jason Tebb, chief executive, said: "Our partnership is a direct result of feedback from our agents.

"With the private rental sector currently estimated to comprise almost 6m households in the UK and growing, this offers us the opportunity to create more leads and value for our advertisers."

Canopy chief executive Tahir Farooqui, who founded the business in 2018, said: "We believe our digital and mobile-first platform is the most sophisticated solution for everyone involved in the rental transaction, and we're delighted to be working with OnTheMarket to bring this to a wider audience."

Roddy Davidson, analyst at Shore Capital, said: "Today's announcement represents another positive step in delivering against the company's strategy of providing agents with a holistic offering characterised by regular product and service innovations.

"More broadly, we believe that OnTheMarket's potential in the new homes market, commitment to fair pricing, ability to offer equity and the presence of an experienced, entrepreneurial and ambitious management team bodes well for the further. We continue to see considerable scope for the company to drive attractive medium-term organic growth."

OnTheMarket is a house stock at Shore Capital, which has an 83p target price on the stock.

As at 1000 BST, shares in AIM-listed OnTheMarket were ahead 2% at 84.48p

More News

TRADING UPDATES: Sabre cautiously optimistic; Restore resumes payout

TRADING UPDATES: Sabre cautiously optimistic; Restore resumes payout

27 Jul 21 20:28

OnTheMarket advertiser count grows following year of 'considerable progress'

(Sharecast News) - Property search portal operator OnTheMarket said on Tuesday that the year ended 31 January had been one of "strong performance and considerable progress", with momentum from said period also spilling over into the new trading year.

27 Jul 21 07:44

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

20 Jul 21 16:02

AIM WINNERS & LOSERS: Kodal Minerals progresses licence in Mali

AIM WINNERS & LOSERS: Kodal Minerals progresses licence in Mali

8 Jun 21 10:55

OnTheMarket hails first annual profit since launch as UK housing booms

OnTheMarket hails first annual profit since launch as UK housing booms

8 Jun 21 10:31

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

1 Jun 21 15:51

TRADING UPDATES: Sanne rejects Cinvin; BH Macro, BH Global to merge

TRADING UPDATES: Sanne rejects Cinvin; BH Macro, BH Global to merge

28 May 21 20:00

TRADING UPDATES: Digital 9 raises cash; Bluejay and Rio start drilling

TRADING UPDATES: Digital 9 raises cash; Bluejay and Rio start drilling

24 May 21 12:02

OnTheMarket agrees partnership with Canopy

(Sharecast News) - OnTheMarket has struck a 12-month exclusive partnership with Canopy, a tenant referencing platform.

24 May 21 10:13

TRADING UPDATES: Helium One in Rukwa backing; Atalaya earnings jump

TRADING UPDATES: Helium One in Rukwa backing; Atalaya earnings jump

13 May 21 14:55

IN BRIEF: OnTheMarket may part with GBP12 million as seals Glanty deal

IN BRIEF: OnTheMarket may part with GBP12 million as seals Glanty deal

22 Mar 21 11:06

TRADING UPDATES: OnTheMarket And Solid State Lift Profit Outlook

TRADING UPDATES: OnTheMarket And Solid State Lift Profit Outlook

22 Feb 21 11:34

OnTheMarket turns a profit amid pandemic

(Sharecast News) - Online property portal operator OnTheMarket said on Monday that revenues and adjusted operating profits for the year ended 31 January were expected to be no less than £22.5m and £1.5m, respectively.

22 Feb 21 10:30

OnTheMarket Says Annual Earnings To Exceed Expectations

OnTheMarket Says Annual Earnings To Exceed Expectations

14 Dec 20 11:59

OnTheMarket ups full-year forecasts, shares rally

(Sharecast News) - Shares in OnTheMarket jumped in early trading on Monday after the property portal revealed full-year profits were on course to beat market expectations.

14 Dec 20 08:39

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.