Relx Plc (NYSE:RELX) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Relx PLC is engaged in providing information solutions. Its products and services comprise intellectual property content delivered through various media, including online, journals and books. The Company’s operating segments consists of Scientific, Technical & Medical, Risk & Business Information; Legal and Exhibitions. RELX PLC, formerly known as Reed Elsevier PLC, is based in LONDON, United Kingdom. “

A number of other equities analysts have also commented on the company. BidaskClub upgraded Relx Plc from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. ABN Amro upgraded Relx Plc from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Finally, UBS AG lowered Relx Plc from a “buy” rating to a “neutral” rating in a research note on Monday, May 15th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Relx Plc has an average rating of “Buy” and a consensus target price of $25.00.

Relx Plc (RELX) opened at 22.40 on Tuesday. The firm’s 50-day moving average price is $21.98 and its 200-day moving average price is $21.04. The company has a market cap of $45.14 billion, a P/E ratio of 27.55 and a beta of 0.76. Relx Plc has a 12-month low of $16.19 and a 12-month high of $22.60.

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A number of hedge funds have recently added to or reduced their stakes in the stock. Stifel Financial Corp grew its position in Relx Plc by 0.6% during the second quarter. Stifel Financial Corp now owns 38,090 shares of the technology company’s stock worth $832,000 after buying an additional 233 shares in the last quarter. Level Four Advisory Services LLC grew its position in Relx Plc by 1.1% during the first quarter. Level Four Advisory Services LLC now owns 24,622 shares of the technology company’s stock worth $487,000 after buying an additional 271 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Relx Plc by 7.0% during the second quarter. PNC Financial Services Group Inc. now owns 7,523 shares of the technology company’s stock worth $165,000 after buying an additional 490 shares in the last quarter. Wetherby Asset Management Inc. grew its position in Relx Plc by 3.3% during the second quarter. Wetherby Asset Management Inc. now owns 36,182 shares of the technology company’s stock worth $793,000 after buying an additional 1,167 shares in the last quarter. Finally, Credit Suisse AG grew its position in Relx Plc by 11.3% during the first quarter. Credit Suisse AG now owns 11,836 shares of the technology company’s stock worth $235,000 after buying an additional 1,198 shares in the last quarter. 2.16% of the stock is currently owned by institutional investors and hedge funds.

About Relx Plc

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.

Analyst Recommendations for Relx Plc (NYSE:RELX)

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