Rightmove’s (RMV) “Buy” Rating Reiterated at Shore Capital

Shore Capital has reaffirmed its buy rating on shares of Rightmove LONRMV, indicating that they believe the stock is undervalued and have potential for growth. This research note was published on Friday, according to MarketBeat.

Rightmove is a leading online property portal in the United Kingdom, providing access to properties across the country. The company has been the subject of several other research reports, including one from Berenberg Bank, which restated its buy rating and issued a GBX 605 $7.62 target price on shares of Rightmove.

Shore Capital's reaffirmation of its buy rating on Rightmove suggests that they believe the company has strong potential for growth and is undervalued in the current market. The research note likely includes an analysis of the company's financial performance, competitive landscape, and other factors that may impact its future prospects.

It's worth noting that while Shore Capital has reaffirmed its buy rating on Rightmove, this does not necessarily mean that the stock will perform well in the future. Investors should always conduct their own research and consider seeking advice from a financial advisor before making any investment decisions.