Relx (REL) Price Target Raised to GBX 1,630

Relx (LON:REL) had its target price lifted by Deutsche Bank from GBX 1,515 ($20.39) to GBX 1,630 ($21.94) in a research report sent to investors on Monday. Deutsche Bank currently has a hold rating on the stock.

Several other research analysts have also recently commented on REL. Kepler Capital Markets raised Relx to a buy rating and raised their target price for the stock from GBX 1,600 ($21.53) to GBX 1,990 ($26.78) in a research report on Monday, November 20th. Liberum Capital reiterated a buy rating and issued a GBX 1,750 ($23.55) price objective on shares of Relx in a research report on Friday, November 10th. Barclays reiterated an overweight rating and issued a GBX 1,885 ($25.37) price objective on shares of Relx in a research report on Friday, October 27th. Panmure Gordon restated a hold rating and set a GBX 1,550 ($20.86) target price on shares of Relx in a research report on Friday, October 27th. Finally, J P Morgan Chase & Co boosted their target price on Relx from GBX 1,690 ($22.75) to GBX 1,753 ($23.59) and gave the stock an overweight rating in a research report on Monday, September 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the stock. Relx has an average rating of Buy and an average price target of GBX 1,688.63 ($22.73).

Relx (REL) opened at GBX 1,737 ($23.38) on Monday. Relx has a 12-month low of GBX 1,322 ($17.79) and a 12-month high of GBX 1,784 ($24.01).

In other news, insider Robert MacLeod purchased 3,700 shares of the company’s stock in a transaction on Friday, November 10th. The stock was purchased at an average price of GBX 1,725 ($23.22) per share, with a total value of £63,825 ($85,901.75).

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Relx Company Profile

RELX PLC 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.

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