Relx NV (RENX) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Relx NV (NYSE:RENX) from a hold rating to a buy rating in a report issued on Tuesday, August 1st. They currently have $23.00 price objective on the technology company’s stock.

According to Zacks, “RELX NV provides professional information solutions primarily in North America and Europe. The company’s operating segments consists of Scientific, Technical & Medical; Risk & Business Information; Legal, and Exhibitions. Scientific, Technical & Medical segment provides information and tools to help customers improve scientific and healthcare outcomes. Risk & Business Information segment provides data and analytics which enable customers to evaluate and manage risk. Legal segment provides legal, regulatory, news, business information and analysis to legal, corporate, Government and academic customers. Exhibitions segment, through the subsidiary Reed Exhibitions, organizes market events relevant to industry needs. RELX NV, formerly known as Reed Elsevier NV, is based in Amsterdam, the Netherlands. “

Separately, BidaskClub downgraded shares of Relx NV from a strong-buy rating to a buy rating in a research report on Saturday, June 10th.

Relx NV (RENX) opened at 20.82 on Tuesday. The firm has a 50-day moving average of $20.72 and a 200 day moving average of $19.45. Relx NV has a 12-month low of $14.92 and a 12-month high of $21.24. The stock has a market capitalization of $41.96 billion, a price-to-earnings ratio of 25.42 and a beta of 0.88.

ILLEGAL ACTIVITY WARNING: This piece of content was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark law. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/08/19/relx-n-v-renx-upgraded-by-zacks-investment-research-to-buy-updated-updated.html.

The company also recently disclosed a None dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Friday, August 4th will be given a $0.131 dividend. The ex-dividend date is Wednesday, August 2nd.

Several large investors have recently made changes to their positions in the stock. Capstone Asset Management Co. increased its stake in shares of Relx NV by 3.5% in the first quarter. Capstone Asset Management Co. now owns 125,748 shares of the technology company’s stock worth $2,334,000 after buying an additional 4,280 shares in the last quarter. Gilman Hill Asset Management LLC increased its stake in shares of Relx NV by 30.7% in the first quarter. Gilman Hill Asset Management LLC now owns 66,092 shares of the technology company’s stock worth $1,227,000 after buying an additional 15,536 shares in the last quarter. Sit Investment Associates Inc. increased its stake in shares of Relx NV by 67.8% in the first quarter. Sit Investment Associates Inc. now owns 133,530 shares of the technology company’s stock worth $2,478,000 after buying an additional 53,965 shares in the last quarter. Eqis Capital Management Inc. increased its stake in shares of Relx NV by 4.8% in the first quarter. Eqis Capital Management Inc. now owns 17,592 shares of the technology company’s stock worth $327,000 after buying an additional 802 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of Relx NV by 83.5% in the first quarter. Advisors Asset Management Inc. now owns 71,542 shares of the technology company’s stock worth $1,328,000 after buying an additional 32,548 shares in the last quarter. 1.12% of the stock is currently owned by institutional investors.

About Relx NV

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.

Get a free copy of the Zacks research report on Relx NV (RENX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

What are top analysts saying about Relx NV? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Relx NV and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit