Relx (NYSE:RELX) was upgraded by equities research analysts at BNP Paribas from an “underperform” rating to an “outperform” rating in a research report issued on Thursday.

Separately, Barclays upgraded Relx from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. Relx has an average rating of “Buy” and an average target price of $23.00.

NYSE RELX traded down $0.35 on Thursday, hitting $20.44. 14,949 shares of the company’s stock were exchanged, compared to its average volume of 813,458. 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 52 week low of $19.23 and a 52 week high of $23.81. The stock has a market capitalization of $21.90 billion, a PE ratio of 19.83 and a beta of 0.57.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lester Murray Antman dba SimplyRich lifted its stake in Relx by 141.0% during the third quarter. Lester Murray Antman dba SimplyRich now owns 78,574 shares of the technology company’s stock worth $1,645,000 after purchasing an additional 45,966 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Relx by 1,445.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 229,942 shares of the technology company’s stock valued at $4,999,000 after acquiring an additional 215,068 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Relx by 3.7% in the 2nd quarter. Bank of America Corp DE now owns 3,062,325 shares of the technology company’s stock valued at $66,575,000 after acquiring an additional 108,304 shares during the last quarter. Gradient Investments LLC bought a new position in shares of Relx in the 3rd quarter valued at $2,506,000. Finally, Wells Fargo & Company MN lifted its stake in shares of Relx by 97.2% in the 2nd quarter. Wells Fargo & Company MN now owns 1,086,413 shares of the technology company’s stock valued at $23,618,000 after acquiring an additional 535,622 shares during the last quarter. Hedge funds and other institutional investors own 4.04% of the company’s stock.

Relx Company Profile

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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Analyst Recommendations for Relx (NYSE:RELX)

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