Relx (LON:REL) Stock Price Up 1.7% – What’s Next?

Relx Plc (LON:REL)’s stock price was up 1.7% during trading on Friday. The company traded as high as GBX 3,078 and last traded at GBX 3,069. 2,724,237 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 13,328,267 shares. The stock had previously closed at GBX 3,019.

Analysts Set New Price Targets

Separately, Deutsche Bank reiterated a “buy” rating and set a GBX 3,100 target price on shares of Relx in a research note on Friday, October 23rd. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 3,680.

Relx Stock Up 1.7%

The company has a fifty day simple moving average of GBX 2,744.32 and a 200-day simple moving average of GBX 2,563.59. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 719.39. The firm has a market cap of £53.26 billion, a P/E ratio of 24.59, a price-to-earnings-growth ratio of 2.69 and a beta of 0.28.

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.