Other equities research analysts have also issued research reports about the stock.
Rightmove (LON:RMV) had its price objective hoisted by Credit Suisse Group from GBX 4,150 ($57.34) to GBX 4,250 ($58.72) in a research report report published on Monday morning. Shore Capital reissued a sell rating on shares of Barratt Developments in a research note on Wednesday, November 8th. increased their target price on Barratt Developments from GBX 666 ($9.20) to GBX 774 ($10.69) and gave the company a buy rating in a research note on Friday, November 10th. JPMorgan Chase & Co. cut their price target on shares of Rightmove from GBX 4,292 ($59.30) to GBX 4,183 ($57.79) and set a neutral rating on the stock in a report on Thursday, November 30th. Finally, Liberum Capital reissued a sell rating and issued a GBX 537 ($7.42) target price on shares of Barratt Developments in a research note on Wednesday, November 15th. Peel Hunt restated a hold rating and set a GBX 4,400 ($60.79) price target on shares of Rightmove in a report on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of "Hold" and an average price target of GBX 579.25 ($8.00).
Pearson (LON PSON) opened at GBX 723 ($9.99) on Monday. The company has a market cap of $3,890.00 and a P/E ratio of 2,721.94. Pearson has a 52-week low of GBX 563 ($7.78) and a 52-week high of GBX 773 ($10.68).
Rightmove (LON:RMV) last posted its quarterly earnings data on Friday, February 23rd. The real estate investment trust reported GBX 19.90 ($0.27) EPS for the quarter, beating the Thomson Reuters' consensus estimate of GBX 19.60 ($0.27) by GBX 0.30 ($0.00). The firm had revenue of £243.27 million during the quarter. Pearson had a negative return on equity of 0.82% and a negative net margin of 0.78%.
The business also recently announced a dividend, which will be paid on Friday, June 1st. Stockholders of record on Thursday, April 5th will be given a dividend of GBX 12 ($0.17) per share. This is an increase from Rightmove's previous dividend of $22.00. The ex-dividend date of this dividend is Thursday, April 5th. This represents a yield of 0.8%.
Barratt Developments PLC is a holding company. The Company operates through three segments, which include North America, Core and Growth.