Relx (LON:REL) Stock Rating Reaffirmed by UBS Group

UBS Group reaffirmed their sell rating on shares of Relx (LON:REL) in a research report sent to investors on Monday, Digital Look reports. The brokerage currently has a GBX 1,740 ($22.74) price objective on the stock.

Several other equities research analysts have also weighed in on the stock. Deutsche Bank reaffirmed a hold rating on shares of Relx in a report on Friday, July 26th. JPMorgan Chase & Co. upped their target price on shares of Relx from GBX 1,900 ($24.83) to GBX 1,950 ($25.48) and gave the stock an overweight rating in a report on Friday, July 26th. Barclays lowered their target price on shares of Relx from GBX 2,160 ($28.22) to GBX 2,100 ($27.44) and set an overweight rating on the stock in a report on Friday, July 26th. Liberum Capital reaffirmed a buy rating on shares of Relx in a report on Friday, July 26th. Finally, Goldman Sachs Group increased their price objective on shares of Relx from GBX 2,123 ($27.74) to GBX 2,178 ($28.46) and gave the stock a buy rating in a report on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 1,871 ($24.45).

REL opened at GBX 1,900 ($24.83) on Monday. The firm’s 50-day simple moving average is GBX 1,928.56 and its 200-day simple moving average is GBX 1,819.56. The company has a debt-to-equity ratio of 308.02, a quick ratio of 0.40 and a current ratio of 0.45. Relx has a twelve month low of GBX 1,466.50 ($19.16) and a twelve month high of GBX 2,027 ($26.49). The firm has a market cap of $36.92 billion and a price-to-earnings ratio of 24.64.

The business also recently disclosed a dividend, which was paid on Monday, September 2nd. Shareholders of record on Thursday, August 1st were issued a dividend of GBX 13.60 ($0.18) per share. This represents a yield of 0.73%. The ex-dividend date was Thursday, August 1st. Relx’s dividend payout ratio is currently 0.56%.

About Relx

RELX PLC provides information based-analytics and decision tools for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals that enables progress in science, advance healthcare, and performance improvement.

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Analyst Recommendations for Relx (LON:REL)

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