Relx Plc (RELX) Rating Increased to Buy at BidaskClub
Relx Plc (NYSE:RELX) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Thursday.
Separately, Zacks Investment Research cut shares of Relx Plc from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy”.
A number of hedge funds have recently made changes to their positions in RELX. Shine Investment Advisory Services Inc. bought a new position in Relx Plc during the second quarter worth $101,000. PNC Financial Services Group Inc. increased its position in Relx Plc by 44.0% during the first quarter. PNC Financial Services Group Inc. now owns 7,033 shares of the technology company’s stock worth $139,000 after acquiring an additional 2,150 shares during the period. Grove Bank & Trust increased its position in Relx Plc by 45.9% during the second quarter. Grove Bank & Trust now owns 6,990 shares of the technology company’s stock worth $153,000 after acquiring an additional 2,200 shares during the period. Strategic Global Advisors LLC bought a new position in Relx Plc during the second quarter worth $204,000. Finally, HighTower Advisors LLC bought a new position in Relx Plc during the second quarter worth $206,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.
About Relx Plc
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.
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