Relx (REL) Shares Up 0%

Relx PLC (LON:REL)’s share price shot up 0% during mid-day trading on Friday . The company traded as high as GBX 1,649.50 ($22.37) and last traded at GBX 1,646.50 ($22.33). 3,794,682 shares traded hands during trading, an increase of 55% from the average session volume of 2,450,000 shares. The stock had previously closed at GBX 1,646.50 ($22.33).

A number of research firms recently issued reports on REL. Liberum Capital reissued a “buy” rating and set a GBX 1,750 ($23.73) price target on shares of Relx in a report on Monday. Deutsche Bank reissued a “hold” rating and set a GBX 1,515 ($20.55) price target on shares of Relx in a report on Friday, October 27th. Barclays reissued an “overweight” rating and set a GBX 1,885 ($25.56) price target on shares of Relx in a report on Friday, October 27th. Panmure Gordon restated a “hold” rating and issued a GBX 1,550 ($21.02) price objective on shares of Relx in a research report on Friday, October 27th. Finally, Kepler Capital Markets upgraded shares of Relx to a “buy” rating and raised their price objective for the company from GBX 1,600 ($21.70) to GBX 1,990 ($26.99) in a research report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. Relx currently has an average rating of “Buy” and an average price target of GBX 1,694.53 ($22.98).

The firm has a market capitalization of $33,760.00 and a P/E ratio of 5,311.29.

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

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Relx Company Profile

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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