Relx (LON:REL) had its target price lowered by JPMorgan Chase & Co. from GBX 1,883 ($26.02) to GBX 1,785 ($24.66) in a research report sent to investors on Tuesday morning. The brokerage currently has an overweight rating on the stock.
Several other equities analysts also recently commented on the stock. Goldman Sachs Group reissued a buy rating on shares of Relx in a research report on Tuesday. Investec reissued a buy rating and set a GBX 1,900 ($26.25) target price on shares of Relx in a research report on Monday. Barclays downgraded shares of Relx to an equal weight rating and set a GBX 1,600 ($22.11) target price on the stock. in a research report on Monday. Liberum Capital reissued a buy rating and set a GBX 1,750 ($24.18) target price on shares of Relx in a research report on Monday, January 29th. Finally, Societe Generale reaffirmed a buy rating and issued a GBX 1,990 ($27.49) price target on shares of Relx in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of GBX 1,696.44 ($23.44).
Relx (LON REL) opened at GBX 1,470 ($20.31) on Tuesday. The company has a market cap of $30,400.00 and a price-to-earnings ratio of 2,333.33. Relx has a 1 year low of GBX 1,455 ($20.10) and a 1 year 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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