Reed Elsevier’s Outperform Rating Reaffirmed at BNP Paribas (REL)
Reed Elsevier (LON:REL)‘s stock had its “outperform” rating reaffirmed by BNP Paribas in a research note issued on Wednesday, Analyst Ratings Network reports. They currently have a GBX 900 ($14.56) price objective on the stock. BNP Paribas’ price target suggests a potential upside of 3.27% from the company’s current price.
A number of other firms have also recently commented on REL. Analysts at Natixis raised their price target on shares of Reed Elsevier from GBX 10 ($0.16) to GBX 11 ($0.18) in a research note to investors on Monday, October 21st. They now have a “reduce” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Reed Elsevier from GBX 860 ($13.91) to GBX 930 ($15.05) in a research note to investors on Monday, October 21st. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Reed Elsevier in a research note to investors on Monday, October 21st. They now have a GBX 915 ($14.80) price target on the stock. Seven analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 780.80 ($12.63).
Reed Elsevier (LON:REL) opened at 873.4999 on Wednesday. Reed Elsevier has a 52-week low of GBX 600.146 and a 52-week high of GBX 875.50. The stock’s 50-day moving average is GBX 827.4 and its 200-day moving average is GBX 788.4. The company’s market cap is £10.255 billion.
Reed Elsevier PLC is a provider of professional information solutions. As of December 31, 2011, the Company was organized in five business segments: Elsevier, providing scientific, technical and medical information solutions; LexisNexis Risk Solutions, providing risk information and analytics to business and government customers; LexisNexis Legal & Professional, providing legal, tax, regulatory and business information solutions to professionals, business and government customers; Reed Exhibitions, organising trade exhibitions and conferences, and Reed Business Information, providing information and marketing solutions to business professionals.
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