Relx (LON:REL) Given “Overweight” Rating at JPMorgan Chase & Co.

Relx (LON:REL)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. They presently have a GBX 4,550 ($56.24) target price on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 20.53% from the company’s current price.

Relx Price Performance

REL opened at GBX 3,775 ($46.66) on Tuesday. The business’s 50-day moving average is GBX 3,664.82 and its two-hundred day moving average is GBX 3,603.55. The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45. Relx has a 1 year low of GBX 3,090 ($38.20) and a 1 year high of GBX 3,796.70 ($46.93). The firm has a market capitalization of £70.22 billion, a PE ratio of 3,775.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

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.