Macquarie Reiterates “Underperform” Rating for Relx PLC (LON:REL)

Relx PLC (LON:REL)‘s stock had its “underperform” rating reaffirmed by research analysts at Macquarie in a research report issued to clients and investors on Friday, July 28th. They presently have a GBX 1,130 ($14.67) price objective on the stock. Macquarie’s target price would suggest a potential downside of 33.14% from the stock’s current price.

A number of other equities analysts have also recently issued reports on REL. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 1,550 ($20.12) price objective on shares of Relx PLC in a report on Thursday, July 27th. Liberum Capital restated a “buy” rating and set a GBX 1,750 ($22.72) target price on shares of Relx PLC in a report on Wednesday, July 12th. Berenberg Bank restated a “buy” rating and set a GBX 1,700 ($22.07) target price on shares of Relx PLC in a report on Thursday, July 20th. Citigroup Inc. restated a “neutral” rating on shares of Relx PLC in a report on Friday, July 14th. Finally, BNP Paribas restated an “outperform” rating and set a GBX 1,750 ($22.72) target price on shares of Relx PLC in a report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 1,641.13 ($21.31).

Relx PLC (REL) opened at 1696.00 on Friday. Relx PLC has a 52-week low of GBX 1,273.00 and a 52-week high of GBX 1,728.00. The company’s market cap is GBX 34.18 billion. The firm’s 50-day moving average price is GBX 1,653.17 and its 200 day moving average price is GBX 1,595.54.

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About Relx PLC

RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.

Analyst Recommendations for Relx PLC (LON:REL)

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