Relx PLC (LON:REL) Receives GBX 1,369.53 Average PT from Analysts
Relx PLC (LON:REL) has been assigned an average rating of “Hold” from the seventeen brokerages that are currently covering the firm. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 1,391.06 ($18.16).
Several research firms recently weighed in on REL. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a GBX 1,470 ($19.19) price objective (up previously from GBX 1,383 ($18.05)) on shares of Relx PLC in a research note on Monday, August 8th. Credit Suisse Group AG increased their price objective on shares of Relx PLC from GBX 1,210 ($15.79) to GBX 1,370 ($17.88) and gave the stock a “neutral” rating in a research note on Tuesday, August 9th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Relx PLC in a research note on Tuesday, July 26th. Barclays PLC raised their price target on shares of Relx PLC from GBX 1,385 ($18.08) to GBX 1,465 ($19.12) and gave the company an “overweight” rating in a research note on Monday, July 4th. Finally, Morgan Stanley raised their price target on shares of Relx PLC from GBX 1,400 ($18.27) to GBX 1,465 ($19.12) and gave the company an “overweight” rating in a research note on Monday, August 1st.
Shares of Relx PLC (LON:REL) opened at 1468.00 on Wednesday. The stock’s market cap is GBX 30.17 billion. Relx PLC has a 52 week low of GBX 631.02 and a 52 week high of GBX 1,514.00. The stock’s 50 day moving average price is GBX 1,452.05 and its 200 day moving average price is GBX 1,346.28.
About Relx PLC
RELX PLC is a United Kingdom-based company holding shares in RELX Group plc. RELX Group plc is a global provider of information and analytics for professional and business customers across industries. RELX Group plc serves customers in more than 180 countries. The Company operates in four market segments.
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