Relx PLC (NYSE:RELX) has received an average rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company.
Several brokerages have recently weighed in on RELX. Zacks Investment Research downgraded shares of Relx from a “hold” rating to a “sell” rating in a research note on Thursday, July 12th. Barclays upgraded shares of Relx from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 24th.
NYSE RELX opened at $20.00 on Tuesday. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.41 and a quick ratio of 0.37. Relx has a 1 year low of $19.23 and a 1 year high of $24.03. The firm has a market capitalization of $20.90 billion, a price-to-earnings ratio of 19.42 and a beta of 0.56.
Several institutional investors and hedge funds have recently made changes to their positions in RELX. Engineers Gate Manager LP purchased a new position in Relx during the third quarter worth about $203,000. Mission Wealth Management LP purchased a new position in Relx during the third quarter worth about $206,000. Addenda Capital Inc. purchased a new position in Relx during the second quarter worth about $207,000. Capital Fund Management S.A. purchased a new position in Relx during the second quarter worth about $211,000. Finally, River Road Asset Management LLC purchased a new position in Relx during the third quarter worth about $224,000. Institutional investors and hedge funds own 3.01% of the company’s stock.
Relx Company Profile
RELX PLC provides information and analytics for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals.
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