Reed Elsevier plc Lowered to Equal Weight at Barclays (RUK)
Shares of Reed Elsevier plc (NYSE:RUK) traded down 0.67% during mid-day trading on Friday, hitting $64.11. The stock had a trading volume of 23,057 shares. Reed Elsevier plc has a 1-year low of $45.47 and a 1-year high of $65.37. The stock has a 50-day moving average of $62.96 and a 200-day moving average of $60.6. The company has a market cap of $18.550 billion and a P/E ratio of 19.68.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Tuesday. Separately, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Thursday, June 12th. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Reed Elsevier plc currently has an average 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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