Reed Elsevier plc Sets New 12-Month High at $66.80 (RUK)
Reed Elsevier plc (NYSE:RUK)’s share price reached a new 52-week high during mid-day trading on Thursday , AnalystRatings.NET reports. The company traded as high as $66.80 and last traded at $66.60, with a volume of 16,317 shares traded. The stock had previously closed at $64.10.
Several analysts have 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 Thursday. Separately, analysts at Investec reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Thursday. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Reed Elsevier plc in a research note on Thursday, July 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold”.
The stock’s 50-day moving average is $64.38 and its 200-day moving average is $61.50. The company has a market cap of $19.259 billion and a P/E ratio of 19.47.
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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