Relx (LON:REL) had its price objective hoisted by J P Morgan Chase & Co from GBX 1,753 ($23.59) to GBX 1,905 ($25.64) in a research report sent to investors on Thursday morning. The brokerage currently has an overweight rating on the stock.
REL has been the subject of a number of other research reports. Kepler Capital Markets raised shares of Relx to a buy rating and upped their target price for the stock from GBX 1,600 ($21.53) to GBX 1,990 ($26.78) in a report on Monday, November 20th. Deutsche Bank upped their target price on shares of Relx from GBX 1,515 ($20.39) to GBX 1,630 ($21.94) and gave the stock a hold rating in a report on Monday, December 4th. Liberum Capital reissued a buy rating and set a GBX 1,750 ($23.55) price target on shares of Relx in a research report on Friday, August 25th. Barclays reissued an overweight rating and set a GBX 1,885 ($25.37) price target on shares of Relx in a research report on Friday, October 27th. Finally, Panmure Gordon reissued a hold rating and set a GBX 1,550 ($20.86) price target on shares of Relx in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company. Relx presently has an average rating of Buy and a consensus price target of GBX 1,688.63 ($22.73).
Shares of Relx (LON:REL) opened at GBX 1,709.92 ($23.01) on Thursday. Relx has a 1-year low of GBX 1,334.78 ($17.96) and a 1-year high of GBX 1,784 ($24.01).
In other Relx news, insider Robert MacLeod purchased 3,700 shares of Relx stock in a transaction dated Friday, November 10th. The shares were acquired at an average price of GBX 1,725 ($23.22) per share, with a total value of £63,825 ($85,901.75).
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RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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