Relx (LON:REL) Releases Quarterly Earnings Results

Relx (LON:REL) posted its earnings results on Thursday. The company reported GBX 68.60 EPS for the quarter, Digital Look Earnings reports. Relx had a return on equity of 90.85% and a net margin of 21.53%.

Relx Trading Up 1.6%

Shares of REL stock opened at GBX 2,493 on Thursday. Relx has a 1 year low of GBX 1,991 and a 1 year high of GBX 4,008. The company has a debt-to-equity ratio of 309.97, a current ratio of 0.49 and a quick ratio of 0.45. The stock’s 50 day simple moving average is GBX 2,444.30 and its two-hundred day simple moving average is GBX 2,540.68. The company has a market cap of £43.63 billion, a PE ratio of 22.26, a price-to-earnings-growth ratio of 2.69 and a beta of 0.26.

Analyst Ratings Changes

Separately, Citigroup reduced their price target on shares of Relx from GBX 3,325 to GBX 2,870 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,145.50.

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.