Relx’s (REL) Hold Rating Reaffirmed at Numis Securities
Relx (LON:REL)‘s stock had its “hold” rating reissued by equities research analysts at Numis Securities in a research report issued to clients and investors on Thursday. They presently have a GBX 1,550 ($21.41) target price on the stock. Numis Securities’ price target indicates a potential upside of 5.91% from the company’s previous close.
A number of other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. raised their price objective on Relx from GBX 1,753 ($24.22) to GBX 1,905 ($26.32) and gave the company an “overweight” rating in a research note on Thursday, December 7th. Liberum Capital reissued a “buy” rating and issued a GBX 1,750 ($24.18) price objective on shares of Relx in a research note on Tuesday, December 19th. Kepler Capital Markets raised Relx to a “buy” rating and raised their price objective for the company from GBX 1,600 ($22.11) to GBX 1,990 ($27.49) in a research note on Monday, November 20th. Panmure Gordon reissued a “hold” rating and issued a GBX 1,550 ($21.41) price objective on shares of Relx in a research note on Friday, October 27th. Finally, Barclays reissued an “overweight” rating and issued a GBX 1,885 ($26.04) price objective on shares of Relx in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,696.44 ($23.44).
Shares of Relx (LON:REL) opened at GBX 1,463.50 ($20.22) on Thursday. Relx has a one year low of GBX 1,455 ($20.10) and a one year high of GBX 1,784 ($24.65). The company has a market capitalization of $30,420.00 and a P/E ratio of 2,323.02.
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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