Relx (REL) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Relx (LON:REL) in a report released on Monday morning. They currently have a GBX 1,800 ($23.52) target price on the stock.

A number of other research analysts have also recently issued reports on REL. Liberum Capital restated a buy rating on shares of Relx in a report on Tuesday, June 19th. Deutsche Bank boosted their price objective on shares of Relx from GBX 1,750 ($22.87) to GBX 1,820 ($23.78) and gave the company a buy rating in a report on Thursday, July 12th. Barclays boosted their price objective on shares of Relx from GBX 1,600 ($20.91) to GBX 1,615 ($21.10) and gave the company an equal weight rating in a report on Friday, July 6th. Numis Securities restated a hold rating on shares of Relx in a report on Thursday, July 26th. Finally, Citigroup restated a neutral rating on shares of Relx in a report on Wednesday, July 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company. Relx currently has an average rating of Buy and an average price target of GBX 1,756.07 ($22.95).

Shares of LON REL opened at GBX 1,509.50 ($19.72) on Monday. Relx has a 52-week low of GBX 1,399 ($18.28) and a 52-week high of GBX 1,784 ($23.31).

Relx (LON:REL) last issued its quarterly earnings data on Thursday, July 26th. The company reported GBX 41.10 ($0.54) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 42.10 ($0.55) by GBX (1) (($0.01)). Relx had a net margin of 26.78% and a return on equity of 91.18%.

Relx Company Profile

RELX PLC provides information and analytics for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals.

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Analyst Recommendations for Relx (LON:REL)

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