Relx (LON:REL) Earns “Overweight” Rating from JPMorgan Chase & Co.

Relx (LON:REL)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a report issued on Tuesday,Digital Look reports. They currently have a GBX 4,770 ($60.18) price objective on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 18.39% from the company’s current price.

Relx Trading Down 0.5 %

LON REL traded down GBX 19 ($0.24) during trading hours on Tuesday, hitting GBX 4,029 ($50.83). 3,428,466 shares of the company were exchanged, compared to its average volume of 3,085,930. The stock has a 50-day moving average price of GBX 3,839.36 and a 200 day moving average price of GBX 3,682.41. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69. Relx has a 52 week low of GBX 3,218 ($40.60) and a 52 week high of GBX 4,205 ($53.05). The stock has a market cap of £74.51 billion, a PE ratio of 40.22, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Relx (LON:REL) last issued its quarterly earnings data on Thursday, February 13th. The company reported GBX 120.10 ($1.52) earnings per share for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. Analysts forecast that Relx will post 134.0035675 earnings per share for the current fiscal year.

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.