Relx (RELX) Downgraded by Barclays to Equal Weight
Relx (NYSE:RELX) was downgraded by Barclays from an “overweight” rating to an “equal weight” rating in a report issued on Monday, The Fly reports.
Other equities research analysts have also recently issued reports about the company. Deutsche Bank raised Relx from a “hold” rating to a “buy” rating in a research note on Friday. Goldman Sachs Group raised Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 10th. BidaskClub raised Relx from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Morgan Stanley cut Relx from an “overweight” rating to an “equal weight” rating in a research note on Monday, January 22nd. Finally, BNP Paribas cut Relx from a “neutral” rating to an “underperform” rating in a research note on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold”.
Shares of Relx (NYSE RELX) opened at $20.74 on Monday. The company has a current ratio of 0.47, a quick ratio of 0.43 and a debt-to-equity ratio of 2.35. Relx has a 52 week low of $18.48 and a 52 week high of $24.03.
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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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