Societe Generale Reiterates “Buy” Rating for Reed Elsevier plc (RUK)
Reed Elsevier plc (NYSE:RUK) traded down 1.47% during mid-day trading on Tuesday, hitting $64.26. The stock had a trading volume of 25,664 shares. Reed Elsevier plc has a one year low of $43.84 and a one year high of $65.37. The stock has a 50-day moving average of $62.54 and a 200-day moving average of $60.50. The company has a market cap of $18.594 billion and a P/E ratio of 19.86.
A number of other firms have also recently commented on RUK. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Thursday, June 12th. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Thursday, April 24th. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Reed Elsevier plc in a research note on Wednesday, April 23rd. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy”.
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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