Latest Stocks: Relx PLC (REL) Earns Buy Rating from Liberum Capital

Latest Stocks: Relx PLC (REL) Earns Buy Rating from Liberum Capital

Liberum Capital reiterated their buy rating on shares of Relx PLC (LON:REL) in a research report released on Thursday morning. They currently have a GBX 1,750 ($22.61) price objective on the stock.

Several other brokerages also recently commented on REL. Credit Suisse Group AG reissued an outperform rating and issued a GBX 1,675 ($21.64) price target on shares of Relx PLC in a report on Wednesday, April 19th. Kepler Capital Markets raised their price target on shares of Relx PLC from GBX 1,475 ($19.06) to GBX 1,600 ($20.67) and gave the company a hold rating in a report on Friday, March 17th. Goldman Sachs Group Inc raised their price objective on shares of Relx PLC from GBX 1,632 ($21.09) to GBX 1,738 ($22.46) and gave the company a neutral rating in a research report on Monday, March 13th. JPMorgan Chase & Co. raised their price objective on shares of Relx PLC from GBX 1,655 ($21.39) to GBX 1,690 ($21.84) and gave the company an overweight rating in a research report on Friday, March 3rd. Finally, Berenberg Bank restated a buy rating and set a GBX 1,700 ($21.97) price objective on shares of Relx PLC in a research report on Tuesday, February 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 1,609.56 ($20.80).

Relx PLC (LON REL) opened at 1682.875 on Thursday. The firm’s 50-day moving average is GBX 1,612.63 and its 200 day moving average is GBX 1,499.60. The firm’s market capitalization is GBX 34.38 billion. Relx PLC has a 12 month low of GBX 631.02 and a 12 month high of GBX 1,690.00.

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