Relx (REL) Stock Rating Reaffirmed by Liberum Capital

Relx (LON:REL)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Monday. They presently have a GBX 1,750 ($23.73) target price on the stock. Liberum Capital’s price objective suggests a potential upside of 6.38% from the stock’s current price.

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

Relx (REL) opened at GBX 1,645 ($22.31) on Monday. The company has a market capitalization of $33,930.00 and a price-to-earnings ratio of 5,306.45. Relx has a 12-month low of GBX 1,397 ($18.94) and a 12-month high of GBX 1,784 ($24.19).

In other Relx news, insider Robert MacLeod bought 3,700 shares of the stock in a transaction dated Friday, November 10th. The stock was bought at an average cost of GBX 1,725 ($23.39) per share, for a total transaction of £63,825 ($86,554.11).

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About Relx

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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