RELX Plc (LON:REL) Rating Reaffirmed
RELX Plc (LON:REL) just had their share rating of a ‘Buy’ issued by research analysts at Nomura, who now has a GBX 1300.00 target on the 25.97B GBP market cap company or a 6.83% upside potential. This key information was disclosed to clients in analysts report on 3 December.
From a total of 20 analysts covering Reed Elsevier PLC (LON:REL) stock, 13 rate it a ”Buy”, 2 a “Sell”, and 8 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 1415 while the lowest target price is GBX 1025. The mean of all analyst targets is GBX 1199.3 with a -0.32% below today’s (GBX 1216.86) stock price. Reed Elsevier PLC was the topic of 31 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 3 with “Buy” rating. Societe Generale maintained shares with “Buy” rating and GBX 1415 target share price in a report from a November 10. Investec maintained REL stock in a recent report from November 20 with “Buy” rating. Kepler Cheuvreux maintained the rating on October 22. Kepler Cheuvreux has a “Hold” rating and a GBX 1050 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a November 20.
The stock decreased 0.26% or GBX 3.14 on December 2, striking GBX 1216.86. Approximately shares of stock traded hands. Relx PLC (LON:REL) has risen 13.49% since May 6, 2015 and is uptrending. It has outperformed by 13.78% the S&P500.
RELX PLC, formerly Reed Elsevier PLC, is a well-known provider of information solutions. The company has a market cap of 25.97 billion GBP. The Firm operates in four market divisions: Scientific, Technical & Medical; Risk & Business Information; Legal, and Exhibitions. It has 27.45 P/E ratio. It operates in North America and Europe.