Relx (LON:REL) Given Overweight Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of Relx (LON:REL) in a research note published on Thursday, Marketbeat reports. They currently have a GBX 4,550 ($58.06) target price on the stock.

Relx Stock Performance

Shares of LON REL opened at GBX 3,763 ($48.02) on Thursday. The firm has a 50 day moving average of GBX 3,634.82 and a 200 day moving average of GBX 3,569.52. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 218.66. The firm has a market capitalization of £69.99 billion, a price-to-earnings ratio of 3,784.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. Relx has a 12-month low of GBX 3,004.46 ($38.34) and a 12-month high of GBX 3,796.70 ($48.45).

Insider Buying and Selling

In other Relx news, insider June Felix purchased 1,400 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were bought at an average price of GBX 3,504 ($44.71) per share, with a total value of £49,056 ($62,595.38). 0.42% of the stock is owned by company insiders.

About Relx

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.