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Panmure Gordon moved the property website group from a “buy” to a “sell” rating, and stated that new competitor OnTheMarket could have the effect of cutting Rightmove’s total number of customers by three per cent. Rightmove’s dominant position is already priced in, Panmure said.
FinnCap reiterated its “buy” rating for the human resources company, following good results for 2014. The broker noted that management has confirmed a “continued strong outlook” and said 2015 has started well for the firm, “buoyed by additional contracts from existing customers”.