Relx (RENX) Raised to Buy at Goldman Sachs Group

Goldman Sachs Group upgraded shares of Relx (NYSE:RENX) to a buy rating in a research note issued to investors on Wednesday morning.

A number of other research analysts also recently commented on the stock. BidaskClub raised shares of Relx from a hold rating to a buy rating in a research report on Friday, October 13th. Zacks Investment Research downgraded shares of Relx from a buy rating to a hold rating in a research report on Thursday, September 28th.

Relx (NYSE:RENX) opened at $22.55 on Wednesday. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.43 and a current ratio of 0.47. Relx has a 52-week low of $16.30 and a 52-week high of $23.30.

A number of institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp grew its position in Relx by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 203,307 shares of the technology company’s stock worth $4,203,000 after purchasing an additional 896 shares during the last quarter. Sit Investment Associates Inc. grew its position in Relx by 1.9% during the 3rd quarter. Sit Investment Associates Inc. now owns 129,005 shares of the technology company’s stock worth $2,752,000 after purchasing an additional 2,461 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Relx by 120.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,961 shares of the technology company’s stock worth $102,000 after purchasing an additional 2,707 shares during the last quarter. Eqis Capital Management Inc. grew its position in Relx by 17.7% during the 3rd quarter. Eqis Capital Management Inc. now owns 21,144 shares of the technology company’s stock worth $451,000 after purchasing an additional 3,175 shares during the last quarter. Finally, Aperio Group LLC grew its position in Relx by 6.8% during the 3rd quarter. Aperio Group LLC now owns 75,979 shares of the technology company’s stock worth $1,621,000 after purchasing an additional 4,866 shares during the last quarter. 1.19% of the stock is currently owned by institutional investors.

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Relx Company Profile

RELX NV 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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