Relx’s (REL) Overweight Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of Relx (LON:REL) in a report published on Friday, Marketbeat.com reports. The firm currently has a GBX 5,070 price objective on the stock.

REL has been the topic of a number of other reports. Royal Bank Of Canada reissued an “overweight” rating on shares of Relx in a report on Tuesday, October 21st. Citigroup initiated coverage on shares of Relx in a research report on Monday, January 12th. They set a “neutral” rating and a GBX 3,178 price objective on the stock. Finally, UBS Group reissued a “buy” rating and issued a GBX 4,570 target price on shares of Relx in a report on Friday, October 17th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,222.50.

Relx Price Performance

Shares of Relx stock opened at GBX 3,093.50 on Friday. The company has a market capitalization of £56.26 billion, a price-to-earnings ratio of 29.92, a PEG ratio of 2.69 and a beta of 0.48. 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 stock’s 50-day simple moving average is GBX 3,063.58 and its 200-day simple moving average is GBX 3,409.20. Relx has a 52 week low of GBX 2,968 and a 52 week high of GBX 4,205.

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.