RELX PLC (RELX) Upgraded by BidaskClub to Buy
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.
TRADEMARK VIOLATION WARNING: “RELX PLC (RELX) Upgraded by BidaskClub to Buy” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be accessed at https://theolympiareport.com/2017/08/12/relx-plc-relx-rating-increased-to-buy-at-bidaskclub-updated.html.
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.
Receive News & Ratings for RELX PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RELX PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.