Deutsche Bank AG Reiterates “Hold” Rating for Relx PLC (REL)
Relx PLC (LON:REL)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank AG in a research note issued on Friday.
Several other research firms have also recently weighed in on REL. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,575 ($19.51) price objective (up from GBX 1,335 ($16.54)) on shares of Relx PLC in a research report on Thursday, August 18th. Panmure Gordon restated a “hold” rating and issued a GBX 1,550 ($19.20) price objective on shares of Relx PLC in a research report on Thursday, October 27th. Liberum Capital restated a “buy” rating and issued a GBX 1,215 ($15.05) price objective on shares of Relx PLC in a research report on Thursday, September 15th. Morgan Stanley upped their price objective on shares of Relx PLC from GBX 1,400 ($17.34) to GBX 1,465 ($18.15) and gave the stock an “overweight” rating in a research report on Monday, August 1st. Finally, BNP Paribas upped their price objective on shares of Relx PLC from GBX 1,300 ($16.10) to GBX 1,600 ($19.82) and gave the stock an “outperform” rating in a research report on Friday, July 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,419 ($17.58).
Relx PLC (LON:REL) opened at 1299.00 on Friday. The stock has a 50 day moving average of GBX 1,444.46 and a 200 day moving average of GBX 1,369.91. Relx PLC has a 12-month low of GBX 631.02 and a 12-month high of GBX 1,514.00. The firm’s market cap is GBX 26.70 billion.
Relx PLC Company Profile
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.
Receive News & Stock Ratings for Relx PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx PLC and related stocks with our FREE daily email newsletter.