Relx N.V. (NYSE:RENX) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus price objective of $21.00 for the company, according to Zacks. Zacks has also given Relx N.V. an industry rank of 90 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research raised shares of Relx N.V. from a “sell” rating to a “hold” rating in a report on Wednesday.

This piece of content was first published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright and trademark legislation. The correct version of this piece of content can be read at http://www.watchlistnews.com/relx-n-v-renx-given-consensus-recommendation-of-strong-buy-by-brokerages/1121760.html.

Several hedge funds have recently modified their holdings of the company. Lazard Asset Management LLC increased its stake in shares of Relx N.V. by 9.3% in the third quarter. Lazard Asset Management LLC now owns 219,940 shares of the company’s stock worth $3,928,000 after buying an additional 18,695 shares during the period. Ameriprise Financial Inc. increased its position in shares of Relx N.V. by 10.2% in the second quarter. Ameriprise Financial Inc. now owns 149,745 shares of the company’s stock valued at $2,606,000 after buying an additional 13,909 shares during the last quarter. Jane Street Group LLC increased its position in shares of Relx N.V. by 928.1% in the third quarter. Jane Street Group LLC now owns 145,079 shares of the company’s stock valued at $2,591,000 after buying an additional 130,967 shares during the last quarter. Royal Bank of Canada increased its position in shares of Relx N.V. by 498.8% in the second quarter. Royal Bank of Canada now owns 118,720 shares of the company’s stock valued at $2,067,000 after buying an additional 98,893 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new position in shares of Relx N.V. during the third quarter valued at approximately $1,806,000. 1.24% of the stock is owned by institutional investors.

Relx N.V. (NYSE:RENX) opened at 17.47 on Friday. The stock has a 50 day moving average of $16.86 and a 200 day moving average of $16.94. Relx N.V. has a one year low of $14.92 and a one year high of $18.34. The firm has a market cap of $35.91 billion, a price-to-earnings ratio of 26.67 and a beta of 1.03.

About Relx N.V.

RELX NV is a Netherlands-based company holding shares in RELX Group plc. RELX Group plc is a global provider of information and analytics for professional and business customers across industries. RELX Group plc serves customers in more than 180 countries. The Company operates in four market segments.

5 Day Chart for NYSE:RENX

Get a free copy of the Zacks research report on Relx N.V. (RENX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Relx N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx N.V. and related companies with Analyst Ratings Network's FREE daily email newsletter.