Relx (LON:REL) Receives Overweight Rating from JPMorgan Chase & Co.

Relx (LON:REL)‘s stock had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co. in a report issued on Wednesday,Digital Look reports.

Several other research analysts have also recently weighed in on REL. Royal Bank Of Canada restated an “overweight” rating on shares of Relx in a report on Tuesday, October 21st. UBS Group restated a “buy” rating and set a GBX 4,570 price objective on shares of Relx in a report on Friday, October 17th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 4,520.67.

Relx Stock Down 0.2%

Shares of LON:REL traded down GBX 5.07 during mid-day trading on Wednesday, hitting GBX 3,136.93. 6,826,060 shares of the company traded hands, compared to its average volume of 59,532,035. The stock has a 50-day moving average price of GBX 3,092.59 and a two-hundred day moving average price of GBX 3,443.98. Relx has a 12-month low of GBX 2,968 and a 12-month high of GBX 4,205. The stock has a market cap of £57.05 billion, a P/E ratio of 30.34, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.