Relx (RELX) Lifted to Overweight at Barclays
Relx (NYSE:RELX) was upgraded by equities research analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, The Fly reports.
Separately, Zacks Investment Research raised shares of Relx from a “sell” rating to a “hold” rating in a research note on Wednesday, June 13th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $23.00.
Shares of NYSE RELX opened at $20.26 on Monday. The firm has a market capitalization of $21.34 billion, a P/E ratio of 19.67, a P/E/G ratio of 1.94 and a beta of 0.55. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.41 and a quick ratio of 0.37. Relx has a 1-year low of $19.75 and a 1-year high of $24.03.
RELX PLC provides information and analytics for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals.
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