Reed Elsevier plc Receives Consensus Recommendation of “Hold” from Analysts (NYSE:RUK)
Shares of Reed Elsevier plc (NYSE:RUK) have been given a consensus recommendation of “Hold” by the nine brokerages that are covering the stock, AnalystRatings.NET reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company.
Reed Elsevier plc (NYSE:RUK) opened at 64.81 on Thursday. Reed Elsevier plc has a 1-year low of $48.87 and a 1-year high of $66.80. The stock has a 50-day moving average of $64.43 and a 200-day moving average of $61.99. The company has a market cap of $18.442 billion and a price-to-earnings ratio of 21.04.
The company also recently declared a semiannual dividend, which is scheduled for Thursday, September 4th. Stockholders of record on Friday, August 8th will be given a dividend of $0.377 per share. This represents a yield of 1.14%. The ex-dividend date of this dividend is Wednesday, August 6th.
RUK has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Reed Elsevier plc in a research note on Friday. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Reed Elsevier plc in a research note on Friday, July 25th.
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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