Reed Elsevier NV Reaches New 12-Month High at $45.97 (ENL)
Reed Elsevier NV (NYSE:ENL)’s share price reached a new 52-week high during trading on Monday , AmericanBankingNews.com reports. The company traded as high as $45.97 and last traded at $45.94, with a volume of 19,089 shares trading hands. The stock had previously closed at $45.43.
ENL has been the subject of a number of recent research reports. Analysts at Barclays downgraded shares of Reed Elsevier NV from an “overweight” rating to an “equal weight” rating in a research note on Friday. Separately, analysts at Bank of America initiated coverage on shares of Reed Elsevier NV in a research note on Thursday, May 29th. They set a “buy” rating on the stock. Finally, analysts at BNP Paribas downgraded shares of Reed Elsevier NV from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $40.50.
The stock’s 50-day moving average is $44.1 and its 200-day moving average is $42.81. The company has a market cap of $15.445 billion and a price-to-earnings ratio of 18.54.
Reed Elsevier NV is a publisher and information provider. The Company provides professional information solutions in the science, medical, legal, risk and business sectors.
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