Relx (LON:REL) Trading Down 14.4% – Should You Sell?

Relx Plc (LON:RELGet Free Report)’s share price was down 14.4% on Tuesday . The company traded as low as GBX 2,142 and last traded at GBX 2,214. Approximately 17,229,896 shares changed hands during trading, a decline of 3% from the average daily volume of 17,756,586 shares. The stock had previously closed at GBX 2,585.

Relx News Summary

Here are the key news stories impacting Relx this week:

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Royal Bank Of Canada restated an “overweight” rating on shares of Relx in a research note on Tuesday, October 21st. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 5,070 price objective on shares of Relx in a research note on Friday, January 16th. UBS Group restated a “buy” rating and set a GBX 4,570 price objective on shares of Relx in a research report on Friday, October 17th. Finally, Citigroup initiated coverage on shares of Relx in a report on Monday, January 12th. They issued a “neutral” rating and a GBX 3,178 target price on the stock. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 4,222.50.

Get Our Latest Analysis on Relx

Relx Price Performance

The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45. The company has a 50-day simple moving average of GBX 2,983.24 and a 200-day simple moving average of GBX 3,301.81. The stock has a market cap of £40.26 billion, a PE ratio of 21.41, a PEG ratio of 2.69 and a beta of 0.48.

About Relx

(Get Free Report)

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.

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