Relx PLC (REL) Receives Average Recommendation of “Buy” from Brokerages
Relx PLC (LON:REL) has earned an average rating of “Buy” from the seventeen research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,645.06 ($21.25).
A number of analysts recently issued reports on REL shares. Liberum Capital reiterated a “buy” rating and set a GBX 1,750 ($22.60) price objective on shares of Relx PLC in a research note on Friday, August 25th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 1,515 ($19.57) price objective on shares of Relx PLC in a research note on Friday, July 28th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 1,550 ($20.02) price objective on shares of Relx PLC in a research note on Thursday, July 27th. J P Morgan Chase & Co boosted their price objective on Relx PLC from GBX 1,690 ($21.83) to GBX 1,753 ($22.64) and gave the company an “overweight” rating in a research note on Monday, September 4th. Finally, Credit Suisse Group boosted their price objective on Relx PLC from GBX 1,675 ($21.63) to GBX 1,800 ($23.25) and gave the company an “outperform” rating in a research note on Friday, June 23rd.
Relx PLC (LON:REL) traded down 0.47% during mid-day trading on Tuesday, hitting GBX 1679.00. The stock had a trading volume of 2,700,932 shares. The company’s 50 day moving average is GBX 1,669.38 and its 200-day moving average is GBX 1,624.82. Relx PLC has a 52 week low of GBX 1,273.00 and a 52 week high of GBX 1,728.00. The stock’s market capitalization is GBX 33.84 billion.
The firm also recently announced a dividend, which was paid on Friday, August 25th. Investors of record on Thursday, August 3rd were given a dividend of GBX 11.70 ($0.15) per share. This represents a yield of 0.72%. The ex-dividend date of this dividend was Thursday, August 3rd.
Relx PLC Company Profile
RELX PLC 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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