Relx’s (LON:REL) “Buy” Rating Reiterated at Liberum Capital

Liberum Capital reissued their buy rating on shares of Relx (LON:REL) in a research report released on Tuesday, December 19th. Liberum Capital currently has a GBX 1,750 ($23.73) price target on the stock.

REL has been the subject of several other reports. JPMorgan Chase & Co. raised their target price on shares of Relx from GBX 1,753 ($23.77) to GBX 1,905 ($25.83) and gave the company an overweight rating in a research note on Thursday, December 7th. Barclays reissued an overweight rating and issued a GBX 1,885 ($25.56) target price on shares of Relx in a research note on Friday, October 27th. Panmure Gordon reissued a hold rating and issued a GBX 1,550 ($21.02) target price on shares of Relx in a research note on Friday, October 27th. Kepler Capital Markets raised shares of Relx to a buy rating and raised their target price for the company from GBX 1,600 ($21.70) to GBX 1,990 ($26.99) in a research note on Monday, November 20th. Finally, Deutsche Bank lifted their price objective on shares of Relx from GBX 1,515 ($20.55) to GBX 1,630 ($22.10) and gave the stock a hold rating in a research report on Monday, December 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 1,694.53 ($22.98).

Relx (LON REL) traded down GBX 2.50 ($0.03) during midday trading on Tuesday, hitting GBX 1,659 ($22.50). 4,163,481 shares of the stock were exchanged, compared to its average volume of 2,460,000. Relx has a 12 month low of GBX 1,397 ($18.94) and a 12 month high of GBX 1,784 ($24.19). The firm has a market capitalization of $34,270.00 and a P/E ratio of 5,351.61.

In related news, insider Robert MacLeod purchased 3,700 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was acquired at an average price of GBX 1,725 ($23.39) per share, with a total value of £63,825 ($86,554.11).

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Relx 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.

Analyst Recommendations for Relx (LON:REL)

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