Reed Elsevier plc Receives Buy Rating from Liberum Capital (REL)
Reed Elsevier plc (LON:REL)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Tuesday. They currently have a GBX 1,050 ($17.82) target price on the stock. Liberum Capital’s price target indicates a potential upside of 10.41% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Reed Elsevier plc in a research note on Friday. They now have a GBX 700 ($11.88) price target on the stock. Separately, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Thursday, June 12th. They now have a GBX 1,005 ($17.06) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Wednesday, June 4th. They now have a GBX 1,035 ($17.57) price target on the stock. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 866.48 ($14.71).
Reed Elsevier plc (LON:REL) opened at 956.4999 on Tuesday. Reed Elsevier plc has a 1-year low of GBX 709.00 and a 1-year high of GBX 961.50. The stock’s 50-day moving average is GBX 914.4 and its 200-day moving average is GBX 903.4. The company’s market cap is £11.071 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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