RELX N.V. (NYSE:RENX) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Thursday.

Separately, Zacks Investment Research upgraded RELX N.V. from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research report on Saturday, June 10th.

Shares of RELX N.V. (NYSE:RENX) opened at 21.33 on Thursday. The stock has a 50 day moving average price of $20.93 and a 200-day moving average price of $19.83. RELX N.V. has a 1-year low of $14.92 and a 1-year high of $21.37. The company has a market cap of $42.98 billion, a P/E ratio of 26.33 and a beta of 0.86.

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A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its position in RELX N.V. by 6.6% in the 1st quarter. Bank of America Corp DE now owns 1,040,732 shares of the technology company’s stock valued at $19,316,000 after buying an additional 64,722 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in shares of RELX N.V. by 15.0% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 810,884 shares of the technology company’s stock valued at $16,769,000 after purchasing an additional 105,521 shares during the period. NGAM Advisors L.P. lifted its stake in shares of RELX N.V. by 2.2% in the 2nd quarter. NGAM Advisors L.P. now owns 381,784 shares of the technology company’s stock valued at $7,895,000 after purchasing an additional 8,145 shares during the period. Ngam Advisors L.P. lifted its stake in shares of RELX N.V. by 19.4% in the 1st quarter. Ngam Advisors L.P. now owns 373,639 shares of the technology company’s stock valued at $6,934,000 after purchasing an additional 60,640 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of RELX N.V. by 3.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 338,967 shares of the technology company’s stock valued at $6,292,000 after purchasing an additional 12,094 shares during the period. Hedge funds and other institutional investors own 1.07% of the company’s stock.

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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