Relx Plc (NYSE:RELX) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

A number of other equities analysts have also commented on the company. ABN Amro upgraded Relx Plc from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Zacks Investment Research lowered Relx Plc from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $25.00.

Shares of Relx Plc (RELX) traded up 0.58% on Thursday, reaching $22.53. The company had a trading volume of 16,048 shares. The company has a 50-day moving average price of $21.98 and a 200-day moving average price of $21.04. Relx Plc has a 52-week low of $16.19 and a 52-week high of $22.60. The firm has a market capitalization of $45.40 billion, a PE ratio of 27.71 and a beta of 0.76.

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Several institutional investors have recently bought and sold shares of RELX. Shine Investment Advisory Services Inc. bought a new position in shares of Relx Plc in the second quarter worth about $101,000. PNC Financial Services Group Inc. increased its stake in shares of Relx Plc by 44.0% in the first quarter. PNC Financial Services Group Inc. now owns 7,033 shares of the technology company’s stock worth $139,000 after purchasing an additional 2,150 shares during the period. Grove Bank & Trust increased its stake in shares of Relx Plc by 45.9% in the second quarter. Grove Bank & Trust now owns 6,990 shares of the technology company’s stock worth $153,000 after purchasing an additional 2,200 shares during the period. Strategic Global Advisors LLC bought a new position in shares of Relx Plc in the second quarter worth about $204,000. Finally, HighTower Advisors LLC bought a new position in shares of Relx Plc in the second quarter worth about $206,000. Institutional investors and hedge funds own 2.16% of the company’s stock.

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.

Analyst Recommendations for Relx Plc (NYSE:RELX)

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