Relx NV (RENX) Given Consensus Recommendation of “Strong Buy” by Analysts

Relx NV (NYSE:RENX) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1-year consensus price target of $27.60 for the company, according to Zacks. Zacks has also given Relx an industry rank of 90 out of 265 based on the ratings given to related companies.

RENX has been the subject of several recent research reports. Goldman Sachs Group upgraded shares of Relx to a “buy” rating in a research note on Wednesday, January 10th. Zacks Investment Research downgraded shares of Relx from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th. Finally, Barclays downgraded shares of Relx to a “hold” rating in a research note on Monday.

Relx (NYSE RENX) opened at $20.21 on Wednesday. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.43 and a current ratio of 0.47. Relx has a 12 month low of $17.26 and a 12 month high of $23.30.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Polen Capital Management LLC increased its stake in shares of Relx by 78.7% in the fourth quarter. Polen Capital Management LLC now owns 155,937 shares of the technology company’s stock worth $3,597,000 after purchasing an additional 68,678 shares in the last quarter. Dubuque Bank & Trust Co. grew its stake in Relx by 3.6% during the fourth quarter. Dubuque Bank & Trust Co. now owns 73,483 shares of the technology company’s stock valued at $1,695,000 after acquiring an additional 2,521 shares in the last quarter. Aperio Group LLC grew its stake in Relx by 43.9% during the fourth quarter. Aperio Group LLC now owns 109,332 shares of the technology company’s stock valued at $2,522,000 after acquiring an additional 33,353 shares in the last quarter. Parametric Portfolio Associates LLC grew its stake in Relx by 22.4% during the third quarter. Parametric Portfolio Associates LLC now owns 982,332 shares of the technology company’s stock valued at $20,953,000 after acquiring an additional 179,635 shares in the last quarter. Finally, Earnest Partners LLC purchased a new position in Relx during the third quarter valued at approximately $786,000. Hedge funds and other institutional investors own 1.19% of the company’s stock.

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Relx Company Profile

RELX NV 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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