Reed Elsevier plc Receives Average Rating of “Buy” from Analysts (NYSE:RUK)
Shares of Reed Elsevier plc (NYSE:RUK) have received an average rating of “Buy” from the eight analysts that are presently covering the company, AnalystRatingsNetwork.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.
Shares of Reed Elsevier plc (NYSE:RUK) traded up 0.96% on Thursday, hitting $65.29. The stock had a trading volume of 5,048 shares. Reed Elsevier plc has a 1-year low of $46.37 and a 1-year high of $65.37. The stock’s 50-day moving average is $63.4 and its 200-day moving average is $60.90. The company has a market cap of $18.892 billion and a price-to-earnings ratio of 19.69.
Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Wednesday. Separately, analysts at Barclays downgraded shares of Reed Elsevier plc to an “equal weight” rating in a research note on Friday, June 27th. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Tuesday, June 24th.
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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