Relx (LON:REL) Announces Quarterly Earnings Results

Relx (LON:REL) posted its quarterly earnings data on Thursday. The company reported GBX 68.60 earnings per share for the quarter, Digital Look Earnings reports. Relx had a return on equity of 125.53% and a net margin of 23.27%.

Relx Stock Up 3.8%

Shares of Relx stock opened at GBX 2,543.39 on Friday. The company has a debt-to-equity ratio of 719.39, a current ratio of 0.45 and a quick ratio of 0.45. The company has a 50-day moving average of GBX 2,448.42 and a 200 day moving average of GBX 2,536.72. The firm has a market cap of £44.52 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 2.69 and a beta of 0.26. Relx has a 1 year low of GBX 1,991 and a 1 year high of GBX 4,008.

Analyst Upgrades and Downgrades

Separately, Citigroup decreased their target price on Relx from GBX 3,325 to GBX 2,870 and set a “buy” rating for the company in a research report on Thursday, April 9th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 4,170.

About Relx

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.