Shares of Relx Plc (LON:REL – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,465.76 ($45.57) and traded as high as GBX 3,558 ($46.79). Relx shares last traded at GBX 3,553 ($46.72), with a volume of 1,506,760 shares changing hands.
Wall Street Analyst Weigh In
Separately, Citigroup reiterated a “neutral” rating on shares of Relx in a research note on Thursday, July 4th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 3,327.50 ($43.75).
Relx Trading Up 0.4 %
Relx Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, August 1st will be paid a GBX 18.20 ($0.24) dividend. The ex-dividend date is Thursday, August 1st. This represents a dividend yield of 0.52%. Relx’s dividend payout ratio is currently 6,000.00%.
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.
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