Relx PLC (REL) Given Consensus Rating of “Buy” by Analysts
Relx PLC (LON:REL) has earned an average rating of “Buy” from the seventeen research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 1,641.13 ($21.31).
Several equities research analysts have issued reports on REL shares. Citigroup Inc. reissued a “neutral” rating on shares of Relx PLC in a research report on Friday, July 14th. Liberum Capital reissued a “buy” rating and issued a GBX 1,750 ($22.72) price objective on shares of Relx PLC in a research report on Thursday, June 1st. Macquarie reissued an “underperform” rating and issued a GBX 1,130 ($14.67) price objective on shares of Relx PLC in a research report on Friday, July 28th. Credit Suisse Group boosted their price objective on shares of Relx PLC from GBX 1,675 ($21.74) to GBX 1,800 ($23.37) and gave the company an “outperform” rating in a research report on Friday, June 23rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,700 ($22.07) price objective on shares of Relx PLC in a research report on Thursday, July 20th.
Relx PLC (REL) traded down 1.47% during mid-day trading on Friday, hitting GBX 1670.00. 1,777,394 shares of the stock were exchanged. The firm’s market capitalization is GBX 33.65 billion. Relx PLC has a 52 week low of GBX 1,273.00 and a 52 week high of GBX 1,728.00. The company’s 50-day moving average price is GBX 1,653.05 and its 200 day moving average price is GBX 1,596.75.
The firm also recently declared a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be given a GBX 11.70 ($0.15) dividend. The ex-dividend date is Thursday, August 3rd. This represents a dividend yield of 0.72%.
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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