JPMorgan Chase & Co. Reaffirms “Overweight” Rating for Relx (LON:REL)

Relx (LON:REL)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday, Marketbeat reports.

A number of other equities analysts have also issued reports on the stock. UBS Group reissued a “buy” rating and set a GBX 4,570 price target on shares of Relx in a research note on Friday, October 17th. Royal Bank Of Canada reaffirmed an “overweight” rating on shares of Relx in a report on Tuesday, October 21st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,520.67.

Relx Stock Down 0.2%

Shares of LON REL opened at GBX 3,136.93 on Wednesday. Relx has a 12-month low of GBX 2,968 and a 12-month high of GBX 4,205. The firm’s 50-day simple moving average is GBX 3,087.59 and its 200 day simple moving average is GBX 3,441.85. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69. The company has a market cap of £57.05 billion, a price-to-earnings ratio of 30.34, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

About Relx

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.