Relx Plc (RELX) – What Are Investment Firms Saying About This Stock?

Shares of Relx Plc (NYSE:RELX) have been assigned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company.

Several research firms recently weighed in on RELX. Citigroup downgraded Relx from a “buy” rating to a “neutral” rating in a report on Tuesday, October 20th. Weiss Ratings raised Relx from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 7th. UBS Group reiterated a “buy” rating on shares of Relx in a research report on Tuesday, September 29th. TD Cowen assumed coverage on Relx in a research report on Thursday, September 10th. They issued a “buy” rating for the company. Finally, TD Securities raised Relx to a “strong-buy” rating in a research note on Friday, September 11th.

Relx Stock Down 0.9%

Shares of NYSE:RELX opened at $40.18 on Tuesday. Relx has a 52-week low of $27.57 and a 52-week high of $46.97. The company has a current ratio of 0.45, a quick ratio of 0.40 and a debt-to-equity ratio of 5.23. The company has a fifty day moving average of $35.41 and a 200-day moving average of $34.63.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in RELX. Whipplewood Advisors LLC grew its holdings in Relx by 2,468.4% during the 1st quarter. Whipplewood Advisors LLC now owns 976 shares of the technology company’s stock worth $32,000 after acquiring an additional 938 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in Relx in the 1st quarter valued at approximately $44,000. First Horizon Corp raised its stake in shares of Relx by 41.0% during the first quarter. First Horizon Corp now owns 1,352 shares of the technology company’s stock valued at $45,000 after acquiring an additional 393 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Relx during the second quarter valued at $77,000. Finally, GHP Investment Advisors Inc. bought a new position in shares of Relx during the first quarter valued at $93,000. Institutional investors own 15.02% of the company’s stock.

About Relx

RELX PLC is a global information-based analytics and decision tools company serving professional and business customers. The company provides data, software, research, and workflow solutions that help organizations make decisions, manage risk, improve productivity, and access specialized knowledge.

Its main business areas include scientific, technical, and medical information; risk and business analytics; legal information and technology; and industry-focused events. Products and services include research platforms such as ScienceDirect and Scopus, legal research and workflow solutions offered through LexisNexis, and risk-management, fraud-prevention, and identity solutions provided through LexisNexis Risk Solutions.

RELX serves customers internationally, including universities, researchers, law firms, government agencies, insurers, financial institutions, corporations, and healthcare professionals.