Relx (LON:REL) Sets New 12-Month Low – Should You Sell?

Relx Plc (LON:REL) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2,875 and last traded at GBX 2,878, with a volume of 131228063 shares trading hands. The stock had previously closed at GBX 2,921.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. UBS Group reaffirmed a “buy” rating and issued a GBX 4,570 price target on shares of Relx in a research note on Friday, October 17th. Royal Bank Of Canada restated an “overweight” rating on shares of Relx in a research note on Tuesday, October 21st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 5,070 target price on shares of Relx in a research report on Friday, January 16th. Finally, Citigroup began coverage on shares of Relx in a research note on Monday, January 12th. They set a “neutral” rating and a GBX 3,178 price target for the company. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 4,222.50.

Relx Stock Performance

The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48. The firm has a market cap of £52.27 billion, a P/E ratio of 27.79, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The firm’s fifty day moving average price is GBX 3,044.24 and its 200 day moving average price is GBX 3,369.23.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.