Relx (NYSE:RELX) was downgraded by equities research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Monday, MarketBeat.com reports.
A number of other equities research analysts have also issued reports on RELX. Zacks Investment Research upgraded shares of Relx from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. BidaskClub upgraded shares of Relx from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Finally, Goldman Sachs Group upgraded shares of Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 10th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold”.
Shares of Relx (RELX) traded up $0.25 during trading on Monday, hitting $23.29. 194,600 shares of the stock were exchanged, compared to its average volume of 319,846. The company has a current ratio of 0.47, a quick ratio of 0.43 and a debt-to-equity ratio of 2.35. Relx has a 1-year low of $17.70 and a 1-year high of $24.03.
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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