Relx (LON:REL)‘s stock had its “buy” rating reissued by investment analysts at Investec in a research report issued to clients and investors on Monday. They currently have a GBX 1,900 ($26.25) price objective on the stock. Investec’s price objective indicates a potential upside of 27.76% from the company’s previous close.
REL has been the subject of a number of other reports. Liberum Capital reissued a “buy” rating and issued a GBX 1,750 ($24.18) price target on shares of Relx in a report on Thursday, October 26th. JPMorgan Chase & Co. increased their price target on shares of Relx from GBX 1,753 ($24.22) to GBX 1,905 ($26.32) and gave the company an “overweight” rating in a report on Thursday, December 7th. Barclays reissued an “overweight” rating and issued a GBX 1,885 ($26.04) price target on shares of Relx in a report on Friday, October 27th. Societe Generale reissued a “buy” rating and issued a GBX 1,990 ($27.49) price target on shares of Relx in a report on Friday, January 26th. Finally, Panmure Gordon reissued a “hold” rating and issued a GBX 1,550 ($21.41) price target on shares of Relx in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,703.94 ($23.54).
Relx (REL) traded up GBX 5.13 ($0.07) during midday trading on Monday, hitting GBX 1,487.13 ($20.55). 4,160,000 shares of the company traded hands, compared to its average volume of 4,290,000. The company has a market cap of $30,780.00 and a P/E ratio of 2,360.52. Relx has a fifty-two week low of GBX 1,449.82 ($20.03) and a fifty-two week high of GBX 1,784 ($24.65).
Relx Company Profile
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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