Relx (LON:REL) Given a GBX 2,800 Price Target by Credit Suisse Group Analysts

Credit Suisse Group set a GBX 2,800 ($34.11) price objective on Relx (LON:REL – Get Rating) in a research report report published on Tuesday morning, Borsen Zeitung reports.

Several other equities analysts have also recently weighed in on REL. Berenberg Bank reiterated a hold rating and set a GBX 2,330 ($28.39) price objective on shares of Relx in a research report on Friday, October 21st. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Relx from GBX 2,200 ($26.80) to GBX 2,000 ($24.37) and set a hold rating on the stock in a report on Wednesday, October 5th. JPMorgan Chase & Co. set a GBX 2,730 ($33.26) price objective on shares of Relx in a report on Monday. The Goldman Sachs Group set a GBX 2,986 ($36.38) target price on shares of Relx in a research report on Thursday, October 20th. Finally, Barclays reaffirmed an overweight rating and set a GBX 2,785 ($33.93) target price on shares of Relx in a report on Thursday, November 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of Moderate Buy and an average target price of GBX 2,611.57 ($31.82).

Relx Stock Down 0.2 %

Shares of LON REL opened at GBX 2,338 ($28.48) on Tuesday. The firm has a market cap of £44.77 billion and a price-to-earnings ratio of 2,891.36. Relx has a 1 year low of GBX 2,056 ($25.05) and a 1 year high of GBX 2,474 ($30.14). The stock’s 50-day simple moving average is GBX 2,311.22 and its 200-day simple moving average is GBX 2,297.74. The company has a debt-to-equity ratio of 189.53, a quick ratio of 0.45 and a current ratio of 0.51.

Insider Activity

In other Relx news, insider June Felix bought 2,000 shares of the firm’s stock in a transaction on Friday, October 21st. The stock was acquired at an average price of GBX 2,204 ($26.85) per share, with a total value of £44,080 ($53,703.70).

Relx Company Profile

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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.