Relx (LON:REL) Given a GBX 2,800 Price Target by JPMorgan Chase & Co. Analysts

Relx (LON:RELGet Rating) has been assigned a GBX 2,800 ($33.47) price target by research analysts at JPMorgan Chase & Co. in a research note issued on Monday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price indicates a potential upside of 18.74% from the company’s current price.

A number of other equities analysts also recently commented on the stock. Barclays lowered their target price on shares of Relx from GBX 2,605 ($31.14) to GBX 2,600 ($31.08) and set an “overweight” rating for the company in a research note on Wednesday, July 13th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 2,230 ($26.66) price objective on shares of Relx in a research report on Wednesday, July 13th. Morgan Stanley reissued an “overweight” rating on shares of Relx in a research report on Wednesday, May 11th. UBS Group set a GBX 2,615 ($31.26) target price on shares of Relx in a report on Friday, June 24th. Finally, The Goldman Sachs Group set a GBX 2,769 ($33.10) price target on shares of Relx in a research note on Tuesday, July 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,481.75 ($29.67).

Relx Trading Up 0.3 %

LON REL opened at GBX 2,358 ($28.19) on Monday. Relx has a 52 week low of GBX 2,013 ($24.06) and a 52 week high of GBX 2,474 ($29.58). The firm has a 50 day moving average of GBX 2,230.97 and a two-hundred day moving average of GBX 2,275.27. The company has a quick ratio of 0.47, a current ratio of 0.63 and a debt-to-equity ratio of 191.50. The stock has a market capitalization of £45.34 billion and a PE ratio of 3,102.63.

About Relx

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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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