Shares of Relx PLC (LON:REL) shot up 0.5% during trading on Friday . The company traded as high as GBX 1,502.50 ($21.07) and last traded at GBX 1,482 ($20.78). 6,442,534 shares changed hands during mid-day trading, an increase of 57% from the average session volume of 4,110,000 shares. The stock had previously closed at GBX 1,474 ($20.67).

A number of brokerages have recently commented on REL. Kepler Capital Markets upgraded shares of Relx to a “buy” rating and lifted their price target for the stock from GBX 1,600 ($22.43) to GBX 1,990 ($27.90) in a research note on Monday, November 20th. Barclays reiterated an “overweight” rating and issued a GBX 1,885 ($26.43) price target on shares of Relx in a research note on Friday, October 27th. Deutsche Bank reiterated a “hold” rating and issued a GBX 1,515 ($21.24) price target on shares of Relx in a research note on Friday, October 27th. Panmure Gordon reiterated a “hold” rating and issued a GBX 1,550 ($21.73) price target on shares of Relx in a research note on Friday, October 27th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 1,750 ($24.54) price target on shares of Relx in a research note on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Relx currently has a consensus rating of “Buy” and an average price target of GBX 1,705.53 ($23.91).

The company has a market cap of $31,080.00 and a PE ratio of 2,352.38.

ILLEGAL ACTIVITY NOTICE: This article was first reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this article on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://theolympiareport.com/2018/02/11/relx-rel-shares-up-0-5.html.

Relx 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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx and related companies with MarketBeat.com's FREE daily email newsletter.