Relx (LON:REL) Coverage Initiated by Analysts at Citigroup

Citigroup assumed coverage on shares of Relx (LON:REL) in a research note released on Monday, MarketBeat reports. The firm issued a neutral rating and a GBX 3,178 target price on the stock.

Several other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Relx in a research note on Wednesday, January 7th. UBS Group reaffirmed a “buy” rating and issued a GBX 4,570 price objective on shares of Relx in a research note on Friday, October 17th. Finally, Royal Bank Of Canada restated an “overweight” rating on shares of Relx in a research report on Tuesday, October 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Relx currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,185.

Relx Trading Down 0.1%

LON REL opened at GBX 3,155 on Monday. The firm has a market cap of £57.38 billion, a PE ratio of 30.51, a P/E/G ratio of 2.69 and a beta of 0.48. Relx has a one year low of GBX 2,968 and a one year high of GBX 4,205. The firm’s fifty day moving average is GBX 3,079.59 and its two-hundred day moving average is GBX 3,424.84. The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48.

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.