Relx PLC (LON:REL) Receives Average Recommendation of “Buy” from Brokerages

Shares of Relx PLC (LON:REL) have received an average rating of “Buy” from the seventeen analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 1,641.13 ($21.37).

A number of research firms have recently issued reports on REL. BNP Paribas restated an “outperform” rating and issued a GBX 1,750 ($22.79) price target on shares of Relx PLC in a research report on Wednesday, July 19th. Liberum Capital restated a “buy” rating and issued a GBX 1,750 ($22.79) price target on shares of Relx PLC in a research report on Wednesday, April 19th. Barclays PLC raised their price target on shares of Relx PLC from GBX 1,660 ($21.62) to GBX 1,845 ($24.03) and gave the stock an “overweight” rating in a research report on Friday, July 7th. Citigroup Inc restated a “neutral” rating on shares of Relx PLC in a research report on Friday, July 14th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,700 ($22.14) price target on shares of Relx PLC in a research report on Thursday, July 20th.

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Shares of Relx PLC (LON REL) traded down 0.54% during mid-day trading on Monday, hitting GBX 1667.00. The company had a trading volume of 1,251,042 shares. The firm has a 50-day moving average price of GBX 1,656.81 and a 200 day moving average price of GBX 1,587.00. The firm’s market capitalization is GBX 33.59 billion. Relx PLC has a 52-week low of GBX 1,273.00 and a 52-week high of GBX 1,728.00.

The firm also recently disclosed a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be paid a GBX 11.70 ($0.15) dividend. The ex-dividend date is Thursday, August 3rd. This represents a dividend yield of 0.72%.

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.

Analyst Recommendations for Relx PLC (LON:REL)

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