Relx (RELX) Lowered to Equal Weight at Barclays

Relx (NYSE:RELX) was downgraded by investment analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Monday.

Several other research firms have also weighed in on RELX. BidaskClub upgraded shares of Relx from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Goldman Sachs Group upgraded shares of Relx from a “neutral” rating to a “buy” rating in a report on Wednesday, January 10th. Morgan Stanley lowered shares of Relx from an “overweight” rating to an “equal weight” rating in a report on Monday, January 22nd. BNP Paribas lowered shares of Relx from a “neutral” rating to an “underperform” rating in a report on Wednesday, January 31st. Finally, Deutsche Bank upgraded shares of Relx from a “hold” rating to a “buy” rating in a report on Friday. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. Relx presently has an average rating of “Hold”.

Shares of Relx (NYSE:RELX) traded up $0.07 on Monday, hitting $20.81. 305,241 shares of the company’s stock were exchanged, compared to its average volume of 627,836. Relx has a 52 week low of $18.48 and a 52 week high of $24.03. The company has a current ratio of 0.47, a quick ratio of 0.43 and a debt-to-equity ratio of 2.35.

Large investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its holdings in shares of Relx by 7.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,523 shares of the technology company’s stock valued at $165,000 after acquiring an additional 490 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Relx during the 4th quarter valued at $201,000. HighTower Advisors LLC acquired a new position in shares of Relx during the 2nd quarter valued at $206,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Relx during the 3rd quarter valued at $208,000. Finally, Dean Capital Investments Management LLC acquired a new position in shares of Relx during the 4th quarter valued at $217,000. Institutional investors and hedge funds own 2.35% of the company’s stock.

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About Relx

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 (NYSE:RELX)

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