Relx PLC (REL) Stock Rating Reaffirmed by Barclays PLC
Relx PLC (LON:REL)‘s stock had its “overweight” rating reissued by equities researchers at Barclays PLC in a research report issued to clients and investors on Friday. They presently have a GBX 1,885 ($24.87) price objective on the stock. Barclays PLC’s price objective indicates a potential upside of 8.90% from the company’s current price.
Several other research firms also recently commented on REL. Liberum Capital restated a “buy” rating and issued a GBX 1,750 ($23.09) price target on shares of Relx PLC in a research note on Friday, August 25th. Deutsche Bank AG restated a “hold” rating and issued a GBX 1,515 ($19.99) price target on shares of Relx PLC in a research note on Friday. Numis Securities Ltd restated a “hold” rating and issued a GBX 1,550 ($20.45) price target on shares of Relx PLC in a research note on Thursday, July 27th. J P Morgan Chase & Co boosted their price target on shares of Relx PLC from GBX 1,690 ($22.30) to GBX 1,753 ($23.13) and gave the stock an “overweight” rating in a research note on Monday, September 4th. Finally, Macquarie restated an “underperform” rating and issued a GBX 1,130 ($14.91) price target on shares of Relx PLC in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. Relx PLC currently has a consensus rating of “Buy” and a consensus target price of GBX 1,647.56 ($21.74).
Shares of Relx PLC (LON:REL) traded down 0.12% during mid-day trading on Friday, reaching GBX 1731.00. The company’s stock had a trading volume of 2,660,096 shares. The stock has a 50 day moving average of GBX 1,667.97 and a 200-day moving average of GBX 1,651.68. The stock’s market cap is GBX 34.88 billion. Relx PLC has a one year low of GBX 1,273.00 and a one year high of GBX 1,751.00.
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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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