Relx NV (NYSE:RENX) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Analysts have set a 12-month consensus target price of $27.60 for the company, according to Zacks. Zacks has also assigned Relx an industry rank of 86 out of 255 based on the ratings given to its competitors.

Several research analysts have recently commented on RENX shares. UBS Group downgraded Relx from a “neutral” rating to a “sell” rating in a report on Thursday, June 14th. Zacks Investment Research downgraded Relx from a “hold” rating to a “sell” rating in a report on Saturday, May 26th.

Several institutional investors and hedge funds have recently made changes to their positions in RENX. Alps Advisors Inc. acquired a new position in shares of Relx in the 2nd quarter worth approximately $284,000. Citadel Advisors LLC acquired a new position in Relx during the 1st quarter worth $286,000. Evergreen Capital Management LLC acquired a new position in Relx during the 1st quarter worth $399,000. Jane Street Group LLC acquired a new position in Relx during the 1st quarter worth $436,000. Finally, Eqis Capital Management Inc. lifted its holdings in Relx by 17.0% during the 2nd quarter. Eqis Capital Management Inc. now owns 26,741 shares of the technology company’s stock worth $570,000 after buying an additional 3,893 shares in the last quarter. 1.28% of the stock is currently owned by institutional investors and hedge funds.

RENX stock opened at $21.51 on Thursday. Relx has a 1-year low of $20.06 and a 1-year high of $23.30. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.37 and a current ratio of 0.41.

The firm also recently announced a dividend, which will be paid on Wednesday, August 29th. Stockholders of record on Friday, August 3rd will be issued a $0.139 dividend. This is an increase from Relx’s previous dividend of $0.14. The ex-dividend date is Thursday, August 2nd. Relx’s payout ratio is presently 26.92%.

Relx Company Profile

RELX NV, through its interest in RELX Group plc, provides information and analytics for professional and business customers across industries worldwide. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment offers information and analytics to institutions and professionals.

Read More: Price to Earnings Ratio (PE)

Get a free copy of the Zacks research report on Relx (RENX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Relx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx and related companies with MarketBeat.com's FREE daily email newsletter.