Relx (LON:REL) Earns “Neutral” Rating from Citigroup

Relx (LON:REL)‘s stock had its “neutral” rating reaffirmed by equities researchers at Citigroup in a report released on Thursday, Digital Look reports.

Separately, Berenberg Bank cut shares of Relx to a “hold” rating and lifted their price target for the stock from GBX 3,300 ($41.74) to GBX 3,500 ($44.27) in a research note on Friday, March 29th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 3,327.50 ($42.09).

Relx Trading Up 0.6 %

Shares of REL stock opened at GBX 3,591 ($45.42) on Thursday. The stock has a market capitalization of £67.15 billion, a P/E ratio of 3,945.48, a P/E/G ratio of 3.83 and a beta of 0.46. The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 188.92. The firm’s 50 day moving average is GBX 3,476.54 and its 200 day moving average is GBX 3,360.96. Relx has a 12-month low of GBX 2,432 ($30.76) and a 12-month high of GBX 3,675 ($46.48).

Insider Transactions at Relx

In related news, insider Alistair R. Cox bought 1,630 shares of the stock in a transaction dated Thursday, April 25th. The stock was purchased at an average cost of GBX 3,229 ($40.84) per share, with a total value of £52,632.70 ($66,573.11). Corporate insiders own 0.42% of the company’s stock.

Relx Company Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.