Relx (RENX) Stock Rating Upgraded by Goldman Sachs Group

Goldman Sachs Group upgraded shares of Relx (NYSE:RENX) to a buy rating in a research note published on Wednesday morning.

A number of other research firms have also issued reports on RENX. BidaskClub upgraded Relx from a hold rating to a buy rating in a research report on Friday, October 13th. Zacks Investment Research lowered Relx from a buy rating to a hold rating in a research report on Thursday, September 28th.

Relx (NYSE:RENX) opened at $22.55 on Wednesday. Relx has a 12-month low of $16.30 and a 12-month high of $23.30. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.47 and a quick ratio of 0.43.

A number of hedge funds have recently made changes to their positions in RENX. PNC Financial Services Group Inc. boosted its position in Relx by 120.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,961 shares of the technology company’s stock worth $102,000 after acquiring an additional 2,707 shares during the period. Advisors Preferred LLC acquired a new position in Relx during the 3rd quarter worth $122,000. CIBC World Markets Inc. acquired a new position in Relx during the 2nd quarter worth $211,000. Jarislowsky Fraser Ltd acquired a new position in Relx during the 3rd quarter worth $317,000. Finally, Evergreen Capital Management LLC acquired a new position in Relx during the 3rd quarter worth $394,000. Institutional investors own 1.19% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Relx (RENX) Stock Rating Upgraded by Goldman Sachs Group” was reported by Stock Observer and is the sole property of of Stock Observer. If you are accessing this piece on another website, it was stolen and reposted in violation of U.S. and international copyright and trademark legislation. The original version of this piece can be viewed at https://www.thestockobserver.com/2018/01/13/relx-renx-stock-rating-upgraded-by-goldman-sachs-group.html.

Relx Company Profile

RELX NV is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.

Receive News & Ratings for Relx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply