Reed Elsevier plc’s Buy Rating Reaffirmed at Investec (RUK)
Reed Elsevier plc (NYSE:RUK) traded up 0.95% on Monday, hitting $63.81. The stock had a trading volume of 17,393 shares. Reed Elsevier plc has a one year low of $48.60 and a one year high of $65.51. The stock has a 50-day moving average of $64.20 and a 200-day moving average of $61.22. The company has a market cap of $18.463 billion and a P/E ratio of 19.13.
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, July 3rd. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Wednesday, July 2nd. Finally, analysts at Barclays downgraded shares of Reed Elsevier plc to an “equal weight” rating in a research note on Friday, June 27th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently 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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