BidaskClub upgraded shares of Relx N.V. (NYSE:RENX) from a hold rating to a buy rating in a research report report published on Saturday morning.

Separately, Zacks Investment Research raised shares of Relx N.V. from a hold rating to a buy rating and set a $23.00 price objective for the company in a research report on Tuesday, August 1st.

Shares of Relx N.V. (RENX) opened at 20.86 on Friday. The firm has a market cap of $42.04 billion, a price-to-earnings ratio of 25.47 and a beta of 0.88. Relx N.V. has a 12-month low of $14.92 and a 12-month high of $21.24. The stock’s 50 day moving average is $20.72 and its 200-day moving average is $19.52.

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The business also recently declared a None dividend, which will be paid on Wednesday, August 30th. Investors of record on Friday, August 4th will be paid a $0.131 dividend. The ex-dividend date is Wednesday, August 2nd.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. increased its position in Relx N.V. by 120.1% in the second quarter. PNC Financial Services Group Inc. now owns 4,961 shares of the technology company’s stock valued at $102,000 after buying an additional 2,707 shares in the last quarter. CIBC World Markets Inc. bought a new stake in shares of Relx N.V. during the second quarter valued at approximately $211,000. Intercontinental Wealth Advisors LLC bought a new stake in shares of Relx N.V. during the second quarter valued at approximately $228,000. Comerica Securities Inc. boosted its stake in shares of Relx N.V. by 6.3% in the first quarter. Comerica Securities Inc. now owns 12,337 shares of the technology company’s stock valued at $229,000 after buying an additional 731 shares during the last quarter. Finally, Eqis Capital Management Inc. boosted its stake in shares of Relx N.V. by 4.8% in the first quarter. Eqis Capital Management Inc. now owns 17,592 shares of the technology company’s stock valued at $327,000 after buying an additional 802 shares during the last quarter. 1.12% of the stock is owned by hedge funds and other institutional investors.

Relx N.V. Company Profile

RELX NV 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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