Relx PLC’s (REL) Buy Rating Reaffirmed at Liberum Capital
Liberum Capital restated their buy rating on shares of Relx PLC (LON:REL) in a report issued on Monday, MarketBeat reports. They currently have a GBX 1,215 ($17.48) target price on the stock.
Several other analysts also recently weighed in on the company. Barclays restated an overweight rating and set a GBX 1,360 ($19.57) target price on shares of Relx PLC in a research note on Thursday, January 28th. Sanford C. Bernstein restated a market perform rating and set a GBX 1,175 ($16.90) target price on shares of Relx PLC in a research note on Wednesday, January 27th. Goldman Sachs restated a buy rating on shares of Relx PLC in a research note on Wednesday, January 20th. JPMorgan Chase & Co. increased their target price on Relx PLC from GBX 1,195 ($17.19) to GBX 1,240 ($17.84) and gave the company an overweight rating in a research note on Tuesday, January 19th. Finally, Investec restated a buy rating and set a GBX 1,266 ($18.21) target price on shares of Relx PLC in a research note on Wednesday, January 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 1,218.39 ($17.53).
Relx PLC (LON:REL) traded down 1.0586% during trading on Monday, reaching GBX 1215.0000. The company had a trading volume of 2,805,077 shares. The stock has a 50 day moving average of GBX 1,174.94 and a 200-day moving average of GBX 1,131.52. Relx PLC has a 12 month low of GBX 988.50 and a 12 month high of GBX 1,235.00. The company’s market capitalization is GBX 13.70 billion.
RELX PLC, formerly Reed Elsevier PLC, is a provider of information solutions. The Company operates in four market segments: Scientific, Technical & Medical; Risk & Business Information; Legal, and Exhibitions. It operates in North America and Europe. Its products and services comprise intellectual property content delivered through various media, including online, journals and books. The Scientific, Technical & Medical segment provides information and tools to help customers in scientific and healthcare outcomes. The Risk & Business Information segment provides data and analytics that enable customers to evaluate and manage risk. The Legal segment is a provider of legal, regulatory and news and business information, and analysis to law firm, corporate, Government and academic customers. The Exhibitions segment includes Reed Exhibitions, which is an exhibitions business.
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