RELX PLC (NYSE:RELX)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank AG in a note issued to investors on Friday.

A number of other brokerages also recently issued reports on RELX. Zacks Investment Research raised shares of RELX PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, August 31st. Bank of America Corp. started coverage on shares of RELX PLC in a research report on Tuesday, October 25th. They issued a “buy” rating on the stock. Barclays PLC reaffirmed an “overweight” rating on shares of RELX PLC in a research report on Friday, October 28th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of RELX PLC in a research report on Tuesday, July 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. RELX PLC presently has a consensus rating of “Buy” and a consensus price target of $20.00.

Analyst Recommendations for RELX PLC (NYSE:RELX)

RELX PLC (NYSE:RELX) opened at 16.22 on Friday. The company has a market capitalization of $33.34 billion, a P/E ratio of 24.43 and a beta of 0.96. RELX PLC has a 52-week low of $16.18 and a 52-week high of $19.84. The firm has a 50-day moving average of $18.21 and a 200 day moving average of $18.53.

A number of hedge funds have recently added to or reduced their stakes in the company. M&T Bank Corp increased its stake in RELX PLC by 1.8% in the first quarter. M&T Bank Corp now owns 12,804 shares of the company’s stock valued at $240,000 after buying an additional 221 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of RELX PLC by 47.1% in the first quarter. Goldman Sachs Group Inc. now owns 373,647 shares of the company’s stock valued at $7,021,000 after buying an additional 119,688 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of RELX PLC by 1.1% in the first quarter. Envestnet Asset Management Inc. now owns 395,949 shares of the company’s stock valued at $7,440,000 after buying an additional 4,167 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of RELX PLC by 5.8% in the second quarter. Bank of New York Mellon Corp now owns 952,588 shares of the company’s stock valued at $17,814,000 after buying an additional 51,832 shares during the last quarter. Finally, Ngam Advisors L.P. boosted its stake in shares of RELX PLC by 16.6% in the second quarter. Ngam Advisors L.P. now owns 306,670 shares of the company’s stock valued at $5,735,000 after buying an additional 43,697 shares during the last quarter. 2.13% of the stock is currently owned by institutional investors.

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.

5 Day Chart for NYSE:RELX

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.