Relx PLC (LON:REL)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a research note issued to investors on Thursday. They presently have a GBX 1,750 ($22.80) price objective on the stock. Liberum Capital’s price target points to a potential upside of 7.23% from the company’s previous close.
Several other research analysts also recently weighed in on REL. BNP Paribas restated an “outperform” rating and set a GBX 1,750 ($22.80) price objective on shares of Relx PLC in a report on Wednesday, July 19th. Citigroup Inc. restated a “neutral” rating on shares of Relx PLC in a report on Friday, July 14th. Berenberg Bank restated a “buy” rating and set a GBX 1,700 ($22.15) price objective on shares of Relx PLC in a report on Thursday, July 20th. Barclays PLC upped their price objective on shares of Relx PLC from GBX 1,660 ($21.63) to GBX 1,845 ($24.04) and gave the stock an “overweight” rating in a report on Friday, July 7th. Finally, Credit Suisse Group restated an “outperform” rating and set a GBX 1,675 ($21.82) price objective on shares of Relx PLC in a report on Wednesday, April 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. Relx PLC currently has an average rating of “Buy” and a consensus target price of GBX 1,627.24 ($21.20).
Shares of Relx PLC (LON REL) opened at 1635.00 on Thursday. The firm has a 50-day moving average of GBX 1,664.50 and a 200 day moving average of GBX 1,569.26. The firm’s market capitalization is GBX 33.40 billion. Relx PLC has a 52 week low of GBX 1,273.00 and a 52 week high of GBX 1,728.00.
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About Relx PLC
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.
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