Relx PLC (REL) Earns Outperform Rating from BNP Paribas
Relx PLC (LON:REL)‘s stock had its “outperform” rating reiterated by equities researchers at BNP Paribas in a research note issued on Thursday. They presently have a GBX 1,650 ($21.54) price target on the stock. BNP Paribas’ price objective points to a potential upside of 13.87% from the company’s previous close.
Other analysts have also recently issued research reports about the stock. Goldman Sachs Group Inc. restated a “neutral” rating and set a GBX 1,470 ($19.19) target price (up previously from GBX 1,383 ($18.05)) on shares of Relx PLC in a research note on Monday, August 8th. Credit Suisse Group AG raised their target price on shares of Relx PLC from GBX 1,210 ($15.79) to GBX 1,370 ($17.88) and gave the stock a “neutral” rating in a research note on Tuesday, August 9th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Relx PLC in a research note on Tuesday, July 26th. Barclays PLC lifted their price objective on shares of Relx PLC from GBX 1,385 ($18.08) to GBX 1,465 ($19.12) and gave the stock an “overweight” rating in a research note on Monday, July 4th. Finally, Morgan Stanley lifted their price objective on shares of Relx PLC from GBX 1,400 ($18.27) to GBX 1,465 ($19.12) and gave the stock an “overweight” rating in a research note on Monday, August 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. Relx PLC presently has an average rating of “Hold” and a consensus target price of GBX 1,361.56 ($17.77).
Shares of Relx PLC (LON:REL) opened at 1461.00 on Thursday. Relx PLC has a 1-year low of GBX 631.02 and a 1-year high of GBX 1,475.00. The company’s market capitalization is GBX 30.03 billion. The stock’s 50 day moving average is GBX 1,444.58 and its 200 day moving average is GBX 1,328.60.
The business also recently declared a dividend, which was paid on Friday, August 26th. Investors of record on Thursday, August 4th were issued a dividend of GBX 10.25 ($0.13) per share. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 4th.
Relx PLC Company Profile
RELX PLC is a United Kingdom-based company holding shares in RELX Group plc. RELX Group plc is a global provider of information and analytics for professional and business customers across industries. RELX Group plc serves customers in more than 180 countries. The Company operates in four market segments.
Receive News & Ratings for Relx PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx PLC and related companies with MarketBeat.com's FREE daily email newsletter.