Liberum Capital Reaffirms Buy Rating for Relx (REL)
Other equities analysts have also recently issued reports about the stock. Kepler Capital Markets upgraded shares of Relx to a buy rating and upped their price objective for the stock from GBX 1,600 ($21.53) to GBX 1,990 ($26.78) in a research report on Monday, November 20th. Deutsche Bank reiterated a hold rating and set a GBX 1,515 ($20.39) price objective on shares of Relx in a research report on Friday, October 27th. Panmure Gordon reiterated a hold rating and set a GBX 1,550 ($20.86) price objective on shares of Relx in a research report on Friday, October 27th. J P Morgan Chase & Co upped their price objective on shares of Relx from GBX 1,753 ($23.59) to GBX 1,905 ($25.64) and gave the stock an overweight rating in a research report on Thursday, December 7th. Finally, Barclays reiterated an overweight rating and set a GBX 1,885 ($25.37) price objective on shares of Relx in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the stock. Relx presently has an average rating of Buy and a consensus target price of GBX 1,688.63 ($22.73).
Relx (LON REL) opened at GBX 1,732 ($23.31) on Tuesday. The stock has a market cap of $35,660.00 and a P/E ratio of 5,587.10. Relx has a 52 week low of GBX 1,397 ($18.80) and a 52 week high of GBX 1,784 ($24.01).
In other news, insider Robert MacLeod acquired 3,700 shares of Relx stock in a transaction dated Friday, November 10th. The shares were bought at an average cost of GBX 1,725 ($23.22) per share, with a total value of £63,825 ($85,901.75).
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Relx Company Profile
RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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