RIGHTMOVE

P 560 540 532.60 27 Nov 520 500 480 21 Nov 22 Nov 23 Nov 24 Nov 27 Nov

Despite a challenging housing market, Rightmove raised its annual forecast yesterday. This comes as advertisers increased their spending on the portal. Analysts at Peel Hunt said it was a "reassuring statement" and that concerns over the competitive landscape from Co Star acquiring On The Market are "overdone". It kept its 'Buy' rating and 605p target share price.

ON THE BEACH

P 120 118 116 27 Nov 112.80 114 112 21 Nov 22 Nov 23 Nov 24 Nov 27 Nov

ON THE BEACH's trading update in September confirmed that EBITDA was in line with expectations. Ahead of its full-year results on December 5, Analysts at Peel Hunt noted that its share price has performed well since then, adding that this trend would likely continue and the price "does not reflect the long-term potential". It reiterated its 'Buy' rating and target share price of 300p.

(c) 2023 City A.M., source Newspaper