Relx N.V. (RENX) Raised to “Buy” at BidaskClub
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.
ILLEGAL ACTIVITY WARNING: This article was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/08/22/relx-n-v-renx-raised-to-buy-at-bidaskclub.html.
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.
Receive News & Stock Ratings for Relx N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx N.V. and related stocks with our FREE daily email newsletter.