Relx PLC (REL) Stock Rating Reaffirmed by Citigroup Inc.
Relx PLC (LON:REL)‘s stock had its “neutral” rating reissued by equities researchers at Citigroup Inc. in a report issued on Friday.
Several other analysts have also recently weighed in on REL. Liberum Capital reiterated a “buy” rating and issued a GBX 1,750 ($22.67) price objective on shares of Relx PLC in a research note on Wednesday. Barclays PLC lifted their price objective on shares of Relx PLC from GBX 1,660 ($21.50) to GBX 1,845 ($23.90) and gave the stock an “overweight” rating in a research note on Friday, July 7th. Kepler Capital Markets lifted their price objective on shares of Relx PLC from GBX 1,475 ($19.11) to GBX 1,600 ($20.73) and gave the stock a “hold” rating in a research note on Friday, March 17th. Finally, Credit Suisse Group boosted their target price on shares of Relx PLC from GBX 1,675 ($21.70) to GBX 1,800 ($23.32) and gave the company an “outperform” rating in a research report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 1,627.24 ($21.08).
Shares of Relx PLC (LON:REL) opened at 1633.00 on Friday. Relx PLC has a 1-year low of GBX 1,273.00 and a 1-year high of GBX 1,728.00. The company’s market cap is GBX 33.36 billion. The company has a 50-day moving average of GBX 1,666.75 and a 200-day moving average of GBX 1,541.68.
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About Relx PLC
RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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