Risk factor
Low price volatility
Profitability factor
Very strong margins and returns
About
Rightmove plc operates digital platforms for real estate listings, catering to both the UK market and international clients. Its business activities are structured into three main divisions: the Agency segment, which facilitates advertising for residential properties available for sale or rent, and also provides tenant background checks and rental income protection to property owners; the New Homes segment, dedicated to promoting properties from new home builders and housing associations; and the Other segment, which encompasses advertising for commercial and overseas properties, along with various non-property related advertisements and data provisions. The company's clientele primarily consists of real estate agents, rental agencies, and developers specializing in new constructions. Founded in 2000, Rightmove plc's headquarters are located in Milton Keynes, United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' o
Target Price
The average target price of RMV.L is 536 and suggests 0.55% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d