Relx (LON:REL) Shares Climb 1.7% – What’s Next?

Relx Plc (LON:REL)’s share price traded up 1.7% during trading on Friday. The company traded as high as GBX 3,078 and last traded at GBX 3,069. 2,724,237 shares were traded during mid-day trading, a decline of 80% from the average session volume of 13,328,267 shares. The stock had previously closed at GBX 3,019.

Analyst Ratings Changes

Separately, Deutsche Bank restated a “buy” rating and issued a GBX 3,100 price target on shares of Relx in a research note on Friday, October 23rd. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 3,680.

Relx Stock Up 1.7%

The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 719.39. The firm has a market cap of £53.26 billion, a P/E ratio of 24.59, a PEG ratio of 2.69 and a beta of 0.28. The company’s 50 day simple moving average is GBX 2,744.32 and its 200-day simple moving average is GBX 2,563.59.

About Relx

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.