Relx PLC (LON:REL)’s share price traded down 0.1% on Tuesday . The stock traded as low as GBX 1,696 ($23.00) and last traded at GBX 1,698.50 ($23.03). 1,021,943 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 2,410,000 shares. The stock had previously closed at GBX 1,700 ($23.05).
Several equities research analysts have issued reports on REL shares. Liberum Capital restated a “buy” rating and issued a GBX 1,750 ($23.73) price target on shares of Relx in a report on Tuesday, December 19th. JPMorgan Chase & Co. increased their price target on Relx from GBX 1,753 ($23.77) to GBX 1,905 ($25.83) and gave the stock an “overweight” rating in a report on Thursday, December 7th. Deutsche Bank increased their price target on Relx from GBX 1,515 ($20.55) to GBX 1,630 ($22.10) and gave the stock a “hold” rating in a report on Monday, December 4th. Kepler Capital Markets upgraded Relx to a “buy” rating and increased their price target for the stock from GBX 1,600 ($21.70) to GBX 1,990 ($26.99) in a report on Monday, November 20th. Finally, Barclays restated an “overweight” rating and issued a GBX 1,885 ($25.56) price target on shares of Relx in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. Relx presently has an average rating of “Buy” and an average price target of GBX 1,694.53 ($22.98).
The firm has a market capitalization of $34,570.00 and a price-to-earnings ratio of 5,398.39.
In other news, insider Robert MacLeod acquired 3,700 shares of the business’s stock in a transaction on Friday, November 10th. The shares were acquired at an average cost of GBX 1,725 ($23.39) per share, with a total value of £63,825 ($86,554.11).
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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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