Investec reaffirmed their buy rating on shares of Relx (LON:REL) in a report published on Monday morning. The firm currently has a GBX 1,900 ($26.25) price objective on the stock.
Other equities research analysts have also recently issued research reports about the company. Barclays cut Relx to an equal weight rating and set a GBX 1,600 ($22.11) price target on the stock. in a report on Monday. JPMorgan Chase & Co. upped their price target on Relx from GBX 1,753 ($24.22) to GBX 1,905 ($26.32) and gave the stock an overweight rating in a report on Thursday, December 7th. Liberum Capital restated a buy rating and issued a GBX 1,750 ($24.18) price target on shares of Relx in a report on Friday, November 10th. Panmure Gordon restated a hold rating and issued a GBX 1,550 ($21.41) price target on shares of Relx in a report on Friday, October 27th. Finally, Societe Generale restated a buy rating and issued a GBX 1,990 ($27.49) price target on shares of Relx in a report on Friday, January 26th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 1,696.44 ($23.44).
Shares of Relx (REL) opened at GBX 1,486 ($20.53) on Monday. The firm has a market capitalization of $30,780.00 and a P/E ratio of 2,358.73. Relx has a fifty-two week low of GBX 1,449.82 ($20.03) and a fifty-two week high of GBX 1,784 ($24.65).
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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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