Relx (LON:REL) Earns Neutral Rating from Analysts at Citigroup

Analysts at Citigroup assumed coverage on shares of Relx (LON:REL) in a research note issued to investors on Monday, MarketBeat.com reports. The brokerage set a “neutral” rating and a GBX 3,178 price target on the stock. Citigroup’s price objective suggests a potential upside of 0.73% from the company’s previous close.

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

Relx Trading Down 0.1%

REL stock traded down GBX 4.30 during midday trading on Monday, reaching GBX 3,155. 2,402,120 shares of the company traded hands, compared to its average volume of 43,765,320. The firm has a market capitalization of £57.38 billion, a price-to-earnings ratio of 30.51, a P/E/G 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 business has a 50 day moving average of GBX 3,083.51 and a 200-day moving average of GBX 3,429.91. Relx has a 52-week low of GBX 2,968 and a 52-week high of GBX 4,205.

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.