Relx (REL) Trading Down 0.1%
Relx PLC (LON:REL)’s share price traded down 0.1% on Tuesday . The company traded as low as GBX 1,696 ($23.00) and last traded at GBX 1,698.50 ($23.03). 1,021,943 shares were traded during mid-day trading, a decline of 58% from the average session volume of 2,410,000 shares. The stock had previously closed at GBX 1,700 ($23.05).
A number of equities analysts recently weighed in on the stock. Deutsche Bank restated a “hold” rating and issued a GBX 1,515 ($20.55) price objective on shares of Relx in a report on Friday, October 27th. Liberum Capital reiterated a “buy” rating and set a GBX 1,750 ($23.73) target price on shares of Relx in a research note on Thursday, October 26th. Barclays reiterated an “overweight” rating and set a GBX 1,885 ($25.56) target price on shares of Relx in a research note on Friday, October 27th. Panmure Gordon reiterated a “hold” rating and set a GBX 1,550 ($21.02) target price on shares of Relx in a research note on Friday, October 27th. Finally, Kepler Capital Markets upgraded shares of Relx to a “buy” rating and boosted their target price for the company from GBX 1,600 ($21.70) to GBX 1,990 ($26.99) in a research note on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of GBX 1,694.53 ($22.98).
The company has a market cap of $34,570.00 and a price-to-earnings ratio of 5,398.39.
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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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