Relx (LON:REL) PT Set at GBX 2,670 by JPMorgan Chase & Co.

Relx (LON:REL – Get Rating) has been given a GBX 2,670 ($34.74) price target by equities researchers at JPMorgan Chase & Co. in a report released on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price indicates a potential upside of 10.83% from the stock’s previous close.

Several other equities analysts have also recently commented on REL. UBS Group set a GBX 2,615 ($34.02) price target on shares of Relx in a research report on Wednesday, March 2nd. The Goldman Sachs Group set a GBX 3,225 ($41.96) price target on shares of Relx in a research report on Monday, April 11th. Berenberg Bank raised their price target on shares of Relx from GBX 2,300 ($29.92) to GBX 2,330 ($30.31) and gave the company a “hold” rating in a research report on Friday, February 11th. Barclays reissued an “overweight” rating and issued a GBX 2,605 ($33.89) price target on shares of Relx in a research report on Friday, February 11th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Relx in a research report on Thursday, April 14th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 2,440.42 ($31.75).

LON:REL opened at GBX 2,409 ($31.34) on Thursday. The company has a debt-to-equity ratio of 191.50, a quick ratio of 0.47 and a current ratio of 0.63. The stock has a market capitalization of £46.51 billion and a P/E ratio of 31.77. The company has a 50 day moving average price of GBX 2,305.76 and a 200 day moving average price of GBX 2,296.14. Relx has a fifty-two week low of GBX 1,781 ($23.17) and a fifty-two week high of GBX 2,474 ($32.19).

In related news, insider N L. Luff sold 13,867 shares of Relx stock in a transaction on Friday, February 11th. The shares were sold at an average price of GBX 2,273 ($29.57), for a total transaction of £315,196.91 ($410,092.26).

About Relx (Get Rating)

RELX PLC 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.

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