Relx (LON:REL)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a research note issued to investors on Thursday. They presently have a GBX 1,750 ($23.55) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 2.34% from the stock’s previous close.

Several other equities analysts have also commented on REL. J P Morgan Chase & Co increased their price objective on shares of Relx from GBX 1,690 ($22.75) to GBX 1,753 ($23.59) and gave the company an “overweight” rating in a research report on Monday, September 4th. 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. 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. 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. Finally, Kepler Capital Markets raised shares of Relx to a “buy” rating and increased their target price for the company from GBX 1,600 ($21.53) to GBX 1,990 ($26.78) in a research note on Monday, November 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,688.63 ($22.73).

Relx (LON REL) opened at GBX 1,709.92 ($23.01) on Thursday. Relx has a 12-month low of GBX 1,334.78 ($17.96) and a 12-month high of GBX 1,784 ($24.01).

In other news, insider Robert MacLeod bought 3,700 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was purchased 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.

Analyst Recommendations for Relx (LON:REL)

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