Relx Plc (REL) Stock Rating Upgraded by Kepler Capital Markets
Relx Plc (LON:REL) was upgraded by investment analysts at Kepler Capital Markets to a “buy” rating in a report released on Monday. The firm presently has a GBX 1,990 ($26.17) price target on the stock, up from their prior price target of GBX 1,600 ($21.04). Kepler Capital Markets’ price objective would indicate a potential upside of 12.68% from the stock’s previous close.
Several other brokerages have also recently commented on REL. Panmure Gordon reissued a “hold” rating and set a GBX 1,550 ($20.39) price target on shares of Relx Plc in a research report on Friday, October 27th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 1,515 ($19.93) target price on shares of Relx Plc in a report on Friday, October 27th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 1,885 ($24.79) target price on shares of Relx Plc in a report on Friday, October 27th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,750 ($23.02) target price on shares of Relx Plc in a report on Friday, November 10th. Finally, J P Morgan Chase & Co upped their target price on shares of Relx Plc from GBX 1,690 ($22.23) to GBX 1,753 ($23.06) and gave the company an “overweight” rating in a report on Monday, September 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,671.94 ($21.99).
Relx Plc (REL) opened at GBX 1,762 ($23.18) on Monday. Relx Plc has a 52-week low of GBX 1,321 ($17.37) and a 52-week high of GBX 1,756 ($23.10).
In other Relx Plc news, insider Robert MacLeod bought 3,700 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were purchased at an average price of GBX 1,725 ($22.69) per share, for a total transaction of £63,825 ($83,947.13).
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.
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