Relx PLC (LON:REL)‘s stock had its “hold” rating reiterated by research analysts at Panmure Gordon in a research report issued to clients and investors on Friday. They presently have a GBX 1,550 ($20.45) target price on the stock. Panmure Gordon’s target price would suggest a potential downside of 10.56% from the company’s previous close.
A number of other equities analysts also recently issued reports on the company. J P Morgan Chase & Co increased their target price on Relx PLC from GBX 1,690 ($22.30) to GBX 1,753 ($23.13) and gave the stock an “overweight” rating in a research note on Monday, September 4th. Barclays PLC increased their target price on Relx PLC from GBX 1,660 ($21.91) to GBX 1,845 ($24.35) and gave the stock an “overweight” rating in a research note on Friday, July 7th. Liberum Capital reissued a “buy” rating and set a GBX 1,750 ($23.09) target price on shares of Relx PLC in a research note on Thursday, July 27th. Macquarie reissued an “underperform” rating and set a GBX 1,130 ($14.91) target price on shares of Relx PLC in a research note on Friday, July 28th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 1,700 ($22.43) target price on shares of Relx PLC in a research note on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 1,645.06 ($21.71).
Shares of Relx PLC (LON REL) opened at 1733.00 on Friday. The company’s 50-day moving average price is GBX 1,664.73 and its 200 day moving average price is GBX 1,650.55. Relx PLC has a 12-month low of GBX 1,273.00 and a 12-month high of GBX 1,735.00. The firm’s market capitalization is GBX 34.92 billion.
COPYRIGHT VIOLATION NOTICE: “Relx PLC (REL) Rating Reiterated by Panmure Gordon” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/10/27/relx-plc-rel-rating-reiterated-by-panmure-gordon.html.
About Relx PLC
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.
Receive News & Ratings for Relx PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx PLC and related companies with MarketBeat.com's FREE daily email newsletter.