Reed Elsevier plc Receives Underperform Rating from BNP Paribas (REL)
Reed Elsevier plc (LON:REL)‘s stock had its “underperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Thursday. They currently have a GBX 950 ($16.26) price target on the stock. BNP Paribas’ price target would suggest a potential upside of 1.01% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Reed Elsevier plc in a research note on Wednesday. They now have a GBX 1,031 ($17.65) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Monday. They now have a GBX 1,000 ($17.12) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Thursday, July 3rd. They now have a GBX 1,035 ($17.72) price target on the stock. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 898.47 ($15.38).
Reed Elsevier plc (LON:REL) traded down 0.16% on Thursday, hitting GBX 932.50. 2,475,660 shares of the company’s stock traded hands. Reed Elsevier plc has a 1-year low of GBX 785.50 and a 1-year high of GBX 961.50. The stock has a 50-day moving average of GBX 942.5 and a 200-day moving average of GBX 913.. The company’s market cap is £10.793 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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