RELX Plc (LON:REL) Rating Reaffirmed
The broker has just set a target price of GBX 1215.00 on RELX Plc (LON:REL) shares. This is 4.34% from the last stock close price. In a note revealed to investors on 10 December, Liberum Capital reiterated their “Buy” rating on shares of REL.
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 1205.05 with a 4.66% above today’s (GBX 1159) 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.
Approximately 289,498 shares of stock traded hands. Relx PLC (LON:REL) has risen 8.33% since May 13, 2015 and is uptrending. It has outperformed by 10.27% the S&P500.
RELX PLC, formerly Reed Elsevier PLC, is a well-known provider of information solutions. The company has a market cap of 24.74 billion GBP. The Firm operates in four market divisions: Scientific, Technical & Medical; Risk & Business Information; Legal, and Exhibitions. It has 26.15 P/E ratio. It operates in North America and Europe.