Relx (REL) Earns “Buy” Rating from Investec
A number of other research analysts also recently issued reports on REL. Barclays downgraded Relx to an equal weight rating and set a GBX 1,600 ($22.11) price target on the stock. in a research note on Monday. Deutsche Bank restated a hold rating and set a GBX 1,515 ($20.93) price target on shares of Relx in a research note on Friday, October 27th. Liberum Capital reaffirmed a buy rating and set a GBX 1,750 ($24.18) price objective on shares of Relx in a research report on Monday, January 29th. Societe Generale reaffirmed a buy rating and set a GBX 1,990 ($27.49) price objective on shares of Relx in a research report on Friday, January 26th. Finally, Panmure Gordon reaffirmed a hold rating and set a GBX 1,550 ($21.41) price objective on shares of Relx in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company’s stock. Relx presently has an average rating of Buy and a consensus price target of GBX 1,696.44 ($23.44).
Relx (LON REL) opened at GBX 1,463.50 ($20.22) on Monday. The stock has a market capitalization of $30,420.00 and a P/E ratio of 2,323.02. Relx has a 12 month low of GBX 1,455 ($20.10) and a 12 month high of GBX 1,784 ($24.65).
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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