Relx (LON:REL) Trading Down 14.4% – What’s Next?

Relx Plc (LON:RELGet Free Report)’s stock price traded down 14.4% during trading on Tuesday . The stock traded as low as GBX 2,142 and last traded at GBX 2,214. 17,229,896 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 17,756,586 shares. The stock had previously closed at GBX 2,585.

Key Stories Impacting Relx

Here are the key news stories impacting Relx this week:

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on REL

Relx Stock Down 14.4%

The business’s fifty day moving average price is GBX 2,983.24 and its 200 day moving average price is GBX 3,301.81. 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 company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69.

About Relx

(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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