Relx N.V. (NYSE:RENX) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Separately, Zacks Investment Research raised Relx N.V. from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Tuesday, August 1st.

Shares of Relx N.V. (RENX) traded down 1.05% on Friday, hitting $20.82. The stock had a trading volume of 79,703 shares. Relx N.V. has a 52 week low of $14.92 and a 52 week high of $21.24. The company has a market cap of $41.96 billion, a price-to-earnings ratio of 25.42 and a beta of 0.88. The firm has a 50 day moving average price of $20.72 and a 200-day moving average price of $19.45.

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A number of institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC increased its stake in Relx N.V. by 70.1% in the first quarter. SG Americas Securities LLC now owns 108,925 shares of the technology company’s stock worth $2,022,000 after buying an additional 44,896 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Relx N.V. by 1,953.0% in the first quarter. JPMorgan Chase & Co. now owns 174,445 shares of the technology company’s stock worth $3,237,000 after buying an additional 165,948 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Relx N.V. by 3.7% in the first quarter. Envestnet Asset Management Inc. now owns 338,967 shares of the technology company’s stock worth $6,292,000 after buying an additional 12,094 shares during the last quarter. Oxford Asset Management increased its stake in Relx N.V. by 46.7% in the first quarter. Oxford Asset Management now owns 70,628 shares of the technology company’s stock worth $1,311,000 after buying an additional 22,468 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC increased its stake in Relx N.V. by 1.1% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 124,668 shares of the technology company’s stock worth $2,314,000 after buying an additional 1,384 shares during the last quarter. 1.12% of the stock is currently owned by institutional investors.

About Relx N.V.

RELX NV 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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