Relx (LON:REL) had its price objective trimmed by Kepler Capital Markets from GBX 1,990 ($27.49) to GBX 1,800 ($24.87) in a report released on Friday. The firm currently has a buy rating on the stock.
A number of other analysts have also recently commented on the stock. Numis Securities restated a hold rating and issued a GBX 1,550 ($21.41) price objective on shares of Relx in a research report on Thursday, February 15th. Liberum Capital restated a buy rating and issued a GBX 1,750 ($24.18) price objective on shares of Relx in a research report on Wednesday, February 14th. JPMorgan Chase & Co. lowered their price objective on shares of Relx from GBX 1,883 ($26.02) to GBX 1,785 ($24.66) and set an overweight rating for the company in a research report on Tuesday, February 13th. Goldman Sachs Group restated a buy rating and issued a GBX 1,945 ($26.87) price objective on shares of Relx in a research report on Tuesday, February 13th. Finally, Investec restated a buy rating and issued a GBX 1,900 ($26.25) price objective on shares of Relx in a research report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of GBX 1,707.50 ($23.59).
Shares of Relx (LON REL) opened at GBX 1,470 ($20.31) on Friday. Relx has a 1 year low of GBX 1,399 ($19.33) and a 1 year high of GBX 1,784 ($24.65). The company has a market cap of $30,590.00 and a price-to-earnings ratio of 1,792.68.
The company also recently announced a dividend, which will be paid on Tuesday, May 22nd. Shareholders of record on Thursday, April 26th will be issued a dividend of GBX 27.70 ($0.38) per share. This represents a yield of 1.86%. The ex-dividend date of this dividend is Thursday, April 26th. This is a boost from Relx’s previous dividend of $11.70.
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Relx Company Profile
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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