Relx PLC (RELX) Receives Consensus Recommendation of “Buy” from Analysts

Relx PLC (NYSE:RELX) has earned an average rating of “Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

A number of research analysts have recently commented on RELX shares. BidaskClub upgraded Relx from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Goldman Sachs Group upgraded Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday. Finally, Zacks Investment Research upgraded Relx from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th.

Shares of Relx (NYSE RELX) traded down $0.21 on Wednesday, hitting $23.43. The stock had a trading volume of 385,100 shares, compared to its average volume of 322,400. Relx has a one year low of $17.64 and a one year high of $24.03. The company has a market cap of $46,850.00, a PE ratio of 54.49, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The company has a quick ratio of 0.43, a current ratio of 0.47 and a debt-to-equity ratio of 2.35.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Stifel Financial Corp increased its holdings in Relx by 0.6% in the second quarter. Stifel Financial Corp now owns 38,090 shares of the technology company’s stock valued at $832,000 after purchasing an additional 233 shares during the period. PNC Financial Services Group Inc. increased its holdings in Relx by 7.0% in the second quarter. PNC Financial Services Group Inc. now owns 7,523 shares of the technology company’s stock valued at $165,000 after purchasing an additional 490 shares during the period. Advisor Group Inc. increased its holdings in Relx by 15.5% in the second quarter. Advisor Group Inc. now owns 11,503 shares of the technology company’s stock valued at $244,000 after purchasing an additional 1,544 shares during the period. Dimensional Fund Advisors LP increased its holdings in Relx by 0.6% in the third quarter. Dimensional Fund Advisors LP now owns 579,049 shares of the technology company’s stock valued at $12,942,000 after purchasing an additional 3,196 shares during the period. Finally, Eqis Capital Management Inc. increased its holdings in Relx by 11.8% in the third quarter. Eqis Capital Management Inc. now owns 48,429 shares of the technology company’s stock valued at $1,082,000 after purchasing an additional 5,118 shares during the period. Institutional investors and hedge funds own 2.35% of the company’s stock.

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About Relx

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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