Relx (LON:REL)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a research report issued to clients and investors on Monday. They presently have a GBX 1,750 ($23.73) price target on the stock. Liberum Capital’s price target would indicate a potential upside of 6.38% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Relx from GBX 1,753 ($23.77) to GBX 1,905 ($25.83) and gave the stock an “overweight” rating in a report on Thursday, December 7th. Deutsche Bank raised their target price on Relx from GBX 1,515 ($20.55) to GBX 1,630 ($22.10) and gave the stock a “hold” rating in a report on Monday, December 4th. Kepler Capital Markets upgraded Relx to a “buy” rating and raised their target price for the stock from GBX 1,600 ($21.70) to GBX 1,990 ($26.99) in a report on Monday, November 20th. Barclays restated an “overweight” rating and set a GBX 1,885 ($25.56) target price on shares of Relx in a report on Friday, October 27th. Finally, Panmure Gordon restated a “hold” rating and set a GBX 1,550 ($21.02) target price on shares of Relx in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 1,694.53 ($22.98).
Relx (LON REL) opened at GBX 1,645 ($22.31) on Monday. Relx has a 1-year low of GBX 1,397 ($18.94) and a 1-year high of GBX 1,784 ($24.19). The stock has a market capitalization of $33,930.00 and a PE ratio of 5,306.45.
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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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