Rightmove facing £1.5bn legal action, shares tumble

1st Apr 2026 10:28

(Sharecast News) - Rightmove shares tumbled on Wednesday as it said it would defend itself "vigorously" following reports that a £1.5bn legal claim has been filed against the company with the Competition Appeal Tribunal.

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Rightmove delivers double‑digit operating profit growth, unveils fresh buyback

27th Feb 2026 07:58

(Sharecast News) - Online real estate property portal operator Rightmove reported another year of solid top‑ and bottom-line growth and launched a fresh buyback on Friday, as advertisers continued to take higher‑value products and packages.

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Rightmove facing legal claim as fee criticism mounts

13th Nov 2025 12:02

(Sharecast News) - Rightmove acknowledged notice of a potential legal claim on Thursday, amid mounting criticism over the cost of its listing fees for estate agents and new reports that thousands of firms could seek up to £1bn in damages.

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Broker tips: Rightmove, IAG

10th Nov 2025 14:53

(Sharecast News) - RBC Capital Markets upgraded Rightmove on Monday to 'outperform' from 'sector perform' but cut the price target to 775p from 805p after the shares fell sharply on Friday as it warned that increased investment in technology and artificial intelligence would weigh on profits.

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RBC Capital upgrades Rightmove, says share price slump was an 'over-reaction'

10th Nov 2025 09:33

(Sharecast News) - RBC Capital Markets upgraded Rightmove on Monday to 'outperform' from 'sector perform' but cut the price target to 775p from 805p after the shares fell sharply on Friday as it warned that increased investment in technology and AI would weigh on profits.

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Panmure upgrades Rightmove to 'buy', says enough caution is priced in

10th Nov 2025 08:07

(Sharecast News) - Panmure Liberum upgraded Rightmove on Monday to 'buy' from 'hold' after shares in the property portal tumbled at the end of last week as it warned that increased investment in technology and artificial intelligence would weigh on profits.

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Rightmove to ramp up AI investment, reiterates outlook

7th Nov 2025 07:17

(Sharecast News) - Shares in Rightmove plunged on Friday, after the property portal warned that increased investment in technology and artificial intelligence would weigh on profits.

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London close: Stocks finish red on retail sales, trade talk hopes

25th Jul 2025 17:30

(Sharecast News) - London stocks ended lower on Friday as investors digested disappointing UK economic data and awaited progress on trade negotiations between the EU and the United States.

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Rightmove keeps FY targets but warns growth will slow in H2

25th Jul 2025 07:40

(Sharecast News) - Property portal operator Rightmove has reiterated its full-year guidance after a "strong" first half, in which revenues and operating profits both rose by a tenth, but warned that growth will slow slightly in the second half.

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London close: Stocks finish higher on US tariff optimism

9th May 2025 16:46

(Sharecast News) - London equities ended the week higher on Friday, supported by improved sentiment surrounding US trade developments.

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Rightmove remains confident in full-year outlook

9th May 2025 09:55

(Sharecast News) - Rightmove said in an update on Friday that it remained confident in its full-year outlook, reiterating guidance for 8% to 10% revenue growth in 2025 and a 70% underlying operating profit margin.

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London close: Stocks rise on Trump tariff exemption hopes

14th Apr 2025 15:50

(Sharecast News) - London stocks rallied on Monday, with both the FTSE 100 and FTSE 250 posting strong gains as investors responded to shifting signals on US trade policy.

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Berenberg bumps up target price on Rightmove

4th Mar 2025 14:58

(Sharecast News) - Analysts at Berenberg raised their target price on Rightmove from 775.0p to 795.0p on Tuesday following the group's FY24 results last week.

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London close: FTSE rises on hopes for UK-US trade deal

28th Feb 2025 16:08

(Sharecast News) - London stocks ended mixed on Friday as optimism over a potential UK-US trade deal helped to boost the top-flight index.

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Rightmove lifts dividend, upbeat on outlook

28th Feb 2025 07:20

(Sharecast News) - Property portal Rightmove reported a rise in full-year revenue and operating profit on Friday and lifted its dividend as it said housing market activity gradually improved throughout the year.

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