Reed Elsevier plc Stock Rating Reaffirmed by UBS AG (REL)
Reed Elsevier plc (LON:REL)‘s stock had its “neutral” rating reiterated by equities researchers at UBS AG in a research report issued on Friday, Analyst RN reports. They currently have a GBX 880 ($14.75) price objective on the stock. UBS AG’s price target suggests a potential downside of 3.46% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Friday. They now have a GBX 1,050 ($17.60) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Reed Elsevier plc in a research note on Thursday. They now have a GBX 1,031 ($17.28) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Monday, February 10th. They now have a GBX 940 ($15.75) price target on the stock. Six analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 853.96 ($14.31).
Shares of Reed Elsevier plc (LON:REL) opened at 911.50 on Friday. Reed Elsevier plc has a 52 week low of GBX 677.50 and a 52 week high of GBX 938.00. The stock has a 50-day moving average of GBX 905.6 and a 200-day moving average of GBX 863.4. The company’s market cap is £10.701 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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