Relx (LON:REL) Receives Neutral Rating from Citigroup

Citigroup restated their neutral rating on shares of Relx (LON:REL) in a research note released on Thursday morning, MarketBeat Ratings reports.

Separately, Berenberg Bank cut Relx to a hold rating and raised their target price for the company from GBX 3,300 ($41.74) to GBX 3,500 ($44.27) in a research report on Friday, March 29th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and an average price target of GBX 3,327.50 ($42.09).

Relx Trading Up 0.6 %

Shares of LON REL opened at GBX 3,605.84 ($45.61) on Thursday. Relx has a 12-month low of GBX 2,432 ($30.76) and a 12-month high of GBX 3,675 ($46.48). The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 188.92. The company has a market cap of £67.43 billion, a price-to-earnings ratio of 3,938.46, a price-to-earnings-growth ratio of 3.83 and a beta of 0.46. The stock’s 50 day simple moving average is GBX 3,481.84 and its 200 day simple moving average is GBX 3,362.42.

Insider Activity

In other news, insider Alistair R. Cox purchased 1,630 shares of the stock in a transaction dated Thursday, April 25th. The shares were bought at an average cost of GBX 3,229 ($40.84) per share, for a total transaction of £52,632.70 ($66,573.11). 0.42% of the stock is owned by insiders.

Relx Company Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.