Relx (LON:REL) Stock Price Down 14.4% – Should You Sell?

Relx Plc (LON:RELGet Free Report)’s share price fell 14.4% during trading on Tuesday . The company traded as low as GBX 2,142 and last traded at GBX 2,214. 17,271,891 shares were traded during mid-day trading, a decline of 3% from the average session volume of 17,756,438 shares. The stock had previously closed at GBX 2,585.

Trending Headlines about Relx

Here are the key news stories impacting Relx this week:

Analyst Ratings Changes

A number of research firms recently issued reports on REL. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 5,070 target price on shares of Relx in a research report on Friday, January 16th. UBS Group reissued a “buy” rating and issued a GBX 4,570 price objective on shares of Relx in a research report on Friday, October 17th. Royal Bank Of Canada restated an “overweight” rating on shares of Relx in a report on Tuesday, October 21st. Finally, Citigroup initiated coverage on Relx in a report on Monday, January 12th. They issued a “neutral” rating and a GBX 3,178 price target for the company. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 4,222.50.

Get Our Latest Stock Report on REL

Relx Trading Down 14.4%

The firm has a market capitalization of £40.26 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.69 and a beta of 0.48. The business’s 50-day moving average price is GBX 3,000.03 and its 200 day moving average price is GBX 3,314.22. The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45.

Relx Company Profile

(Get Free Report)

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.

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