RELX PLC (NYSE:RELX) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, August 1st.

Several other equities analysts have also recently issued reports on the company. Zacks Investment Research upgraded RELX PLC from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research report on Thursday, April 20th. ABN Amro raised RELX PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Finally, UBS AG lowered RELX PLC from a “buy” rating to a “neutral” rating in a research note on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. RELX PLC presently has an average rating of “Buy” and a consensus price target of $25.00.

Shares of RELX PLC (RELX) traded down 0.18% during mid-day trading on Tuesday, reaching $21.72. The company had a trading volume of 160,902 shares. The stock has a market capitalization of $43.77 billion, a price-to-earnings ratio of 26.14 and a beta of 0.79. RELX PLC has a 1-year low of $16.19 and a 1-year high of $22.36. The firm has a 50-day moving average price of $21.80 and a 200-day moving average price of $20.47.

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Several large investors have recently added to or reduced their stakes in RELX. Shine Investment Advisory Services Inc. acquired a new stake in RELX PLC during the second quarter worth $101,000. PNC Financial Services Group Inc. raised its position in RELX PLC by 44.0% in the first quarter. PNC Financial Services Group Inc. now owns 7,033 shares of the technology company’s stock worth $139,000 after buying an additional 2,150 shares in the last quarter. Grove Bank & Trust raised its position in RELX PLC by 45.9% in the second quarter. Grove Bank & Trust now owns 6,990 shares of the technology company’s stock worth $153,000 after buying an additional 2,200 shares in the last quarter. Strategic Global Advisors LLC bought a new position in RELX PLC during the second quarter worth approximately $204,000. Finally, JPMorgan Chase & Co. raised its position in RELX PLC by 647.5% in the first quarter. JPMorgan Chase & Co. now owns 11,466 shares of the technology company’s stock worth $227,000 after buying an additional 9,932 shares in the last quarter. 2.28% of the stock is currently owned by institutional investors.

RELX PLC 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.

Analyst Recommendations for RELX PLC (NYSE:RELX)

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