Relx (REL) Rating Reiterated by Liberum Capital
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).
ILLEGAL ACTIVITY WARNING: “Relx (REL) Rating Reiterated by Liberum Capital” was first published by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://www.watchlistnews.com/relx-rel-rating-reiterated-by-liberum-capital/1753655.html.
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.
Receive News & Ratings for Relx Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.