Relx (REL) Earns Buy Rating from Goldman Sachs Group
Relx (LON:REL)‘s stock had its “buy” rating reissued by equities research analysts at Goldman Sachs Group in a research report issued on Tuesday.
Several other research firms also recently issued reports on REL. Barclays decreased their price objective on shares of Relx from GBX 1,885 ($26.04) to GBX 1,820 ($25.15) and set an “overweight” rating on the stock in a report on Monday, January 29th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 1,515 ($20.93) price objective on shares of Relx in a report on Friday, October 27th. Investec reaffirmed a “buy” rating and set a GBX 1,900 ($26.25) price objective on shares of Relx in a report on Monday. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,750 ($24.18) price objective on shares of Relx in a report on Monday, January 15th. Finally, Kepler Capital Markets raised shares of Relx to a “buy” rating and increased their price objective for the company from GBX 1,600 ($22.11) to GBX 1,990 ($27.49) in a report on Monday, November 20th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Relx has a consensus rating of “Buy” and an average target price of GBX 1,696.44 ($23.44).
Shares of Relx (REL) opened at GBX 1,440 ($19.89) on Tuesday. The company has a market cap of $30,420.00 and a price-to-earnings ratio of 2,285.71. Relx has a 52-week low of GBX 1,455 ($20.10) and a 52-week high of GBX 1,784 ($24.65).
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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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