Reed Elsevier NV Sets New 1-Year High at $46.67 (ENL)
Reed Elsevier NV (NYSE:ENL) hit a new 52-week high on Thursday , ARN reports. The company traded as high as $46.67 and last traded at $46.44, with a volume of 40,389 shares changing hands. The stock had previously closed at $44.86.
Several analysts have recently commented on the stock. Analysts at Barclays downgraded shares of Reed Elsevier NV from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 27th. 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Reed Elsevier NV has an average rating of “Hold” and an average target price of $40.50.
The stock’s 50-day moving average is $45.23 and its 200-day moving average is $43.23. The company has a market cap of $16.501 billion and a P/E ratio of 18.43.
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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