Relx (REL) Price Target Cut to GBX 1,785

Relx (LON:REL) had its target price reduced by Deutsche Bank from GBX 1,820 ($23.78) to GBX 1,785 ($23.32) in a report released on Tuesday morning. Deutsche Bank currently has a buy rating on the stock.

REL has been the topic of several other reports. Credit Suisse Group lifted their price target on Relx from GBX 1,840 ($24.04) to GBX 1,940 ($25.35) and gave the company an outperform rating in a research report on Thursday, November 1st. UBS Group restated a sell rating on shares of Relx in a research report on Monday, September 3rd. Liberum Capital restated a buy rating and set a GBX 1,685 ($22.02) price target on shares of Relx in a research report on Wednesday, October 24th. Barclays lifted their price target on Relx from GBX 1,740 ($22.74) to GBX 1,755 ($22.93) and gave the company an overweight rating in a research report on Friday, October 26th. Finally, Berenberg Bank restated a buy rating and set a GBX 1,800 ($23.52) price target on shares of Relx in a research report on Monday, October 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the stock. Relx has an average rating of Buy and a consensus price target of GBX 1,778.08 ($23.23).

LON REL opened at GBX 1,609.50 ($21.03) on Tuesday. Relx has a twelve month low of GBX 1,399 ($18.28) and a twelve month high of GBX 1,784 ($23.31).

About Relx

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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