Several other equities analysts have also issued reports on the stock. Barclays decreased their price target on shares of Relx from GBX 2,605 ($31.92) to GBX 2,600 ($31.86) and set an overweight rating for the company in a report on Wednesday, July 13th. UBS Group set a GBX 2,700 ($33.08) price target on shares of Relx in a report on Friday, July 29th. Credit Suisse Group set a GBX 2,805 ($34.37) price target on shares of Relx in a report on Friday, July 29th. Morgan Stanley reissued an overweight rating on shares of Relx in a report on Wednesday, May 11th. Finally, Berenberg Bank reissued a hold rating and issued a GBX 2,230 ($27.33) price target on shares of Relx in a report on Wednesday, July 13th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus target price of GBX 2,518.75 ($30.86).
Relx Price Performance
REL opened at GBX 2,384 ($29.21) on Wednesday. The company has a fifty day moving average price of GBX 2,252.97 and a two-hundred day moving average price of GBX 2,286.94. The company has a debt-to-equity ratio of 189.53, a quick ratio of 0.45 and a current ratio of 0.51. Relx has a 52 week low of GBX 2,056 ($25.19) and a 52 week high of GBX 2,474 ($30.31). The firm has a market capitalization of £45.79 billion and a PE ratio of 2,943.21.
Relx Cuts Dividend
RELX PLC provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.
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