Relx (NYSE:RELX) Rating Reiterated by Berenberg Bank

Relx (NYSE:RELX)‘s stock had its “hold” rating restated by research analysts at Berenberg Bank in a note issued to investors on Monday, The Fly reports.

Other equities analysts also recently issued research reports about the company. ABN Amro downgraded Relx from a “buy” rating to a “hold” rating in a research report on Wednesday, June 24th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Relx in a research report on Thursday, March 12th. ValuEngine raised Relx from a “sell” rating to a “hold” rating in a research report on Friday, March 13th. CSFB reaffirmed an “outperform” rating on shares of Relx in a research report on Thursday, March 12th. Finally, UBS Group raised Relx from a “sell” rating to a “neutral” rating in a research report on Thursday, March 5th. They noted that the move was a valuation call. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $26.00.

NYSE RELX opened at $23.62 on Monday. The company has a market cap of $45.54 billion, a P/E ratio of 19.85, a P/E/G ratio of 2.89 and a beta of 0.61. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.37 and a current ratio of 0.41. The business’s 50 day moving average price is $23.30 and its 200-day moving average price is $23.75. Relx has a fifty-two week low of $16.81 and a fifty-two week high of $27.25.

Institutional investors have recently made changes to their positions in the business. FMR LLC grew its position in shares of Relx by 10.9% during the 1st quarter. FMR LLC now owns 5,058 shares of the technology company’s stock worth $108,000 after buying an additional 498 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in shares of Relx by 2.9% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 20,459 shares of the technology company’s stock worth $519,000 after buying an additional 577 shares in the last quarter. Raymond James Trust N.A. grew its position in shares of Relx by 2.8% during the 1st quarter. Raymond James Trust N.A. now owns 23,724 shares of the technology company’s stock worth $508,000 after buying an additional 640 shares in the last quarter. Ellevest Inc. grew its position in shares of Relx by 63.8% during the 1st quarter. Ellevest Inc. now owns 1,944 shares of the technology company’s stock worth $42,000 after buying an additional 757 shares in the last quarter. Finally, OneAscent Financial Services LLC grew its position in shares of Relx by 8.6% during the 1st quarter. OneAscent Financial Services LLC now owns 13,788 shares of the technology company’s stock worth $295,000 after buying an additional 1,092 shares in the last quarter. 3.10% of the stock is currently owned by institutional investors.

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 (NYSE:RELX)

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