UBS Group Reaffirms Buy Rating for Relx (LON:REL)

Relx (LON:REL)‘s stock had its “buy” rating restated by UBS Group in a research report issued on Friday, MarketBeat Ratings reports. They presently have a GBX 4,570 target price on the stock. UBS Group’s price objective suggests a potential upside of 36.17% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Relx from GBX 3,909 to GBX 4,072 and gave the company a “hold” rating in a report on Friday, July 25th. JPMorgan Chase & Co. raised their price target on Relx from GBX 4,890 to GBX 4,920 and gave the company an “overweight” rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 4,520.67.

Relx Stock Performance

Shares of REL opened at GBX 3,356 on Friday. Relx has a 1 year low of GBX 2,968 and a 1 year high of GBX 4,205. The stock has a market capitalization of £61.13 billion, a PE ratio of 3,245.65, a PEG ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48. The stock has a 50-day simple moving average of GBX 3,471.60 and a 200-day simple moving average of GBX 3,771.03.

Relx (LON:REL) last issued its earnings results on Thursday, July 24th. The company reported GBX 63.50 earnings per share for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. On average, analysts predict that Relx will post 134.0035675 earnings per share for the current fiscal year.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.