Reed Elsevier plc Stock Rating Reaffirmed by Societe Generale (REL)
Reed Elsevier plc (LON:REL)‘s stock had its “buy” rating reiterated by research analysts at Societe Generale in a report released on Thursday. They currently have a GBX 1,035 ($17.63) target price on the stock. Societe Generale’s target price suggests a potential upside of 10.40% from the company’s current price.
A number of other firms have also recently commented on REL. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Thursday. They now have a GBX 1,005 ($17.12) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Wednesday. They now have a GBX 815 ($13.88) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Monday. They now have a GBX 1,050 ($17.88) price target on the stock. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 877.80 ($14.95).
Reed Elsevier plc (LON:REL) opened at 942.50 on Thursday. Reed Elsevier plc has a 52 week low of GBX 757.50 and a 52 week high of GBX 961.50. The stock’s 50-day moving average is GBX 935.6 and its 200-day moving average is GBX 909.9. The company’s market cap is £10.908 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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