Zacks: Brokerages Set $27.60 Price Target for Relx NV (RENX)
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.
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.
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