Relx (REL) Shares Up 0.5%
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.
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.
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