Today: The Relx PLC’s (REL) “Outperform” Rating Reaffirm at Credit Suisse Group AG

The Relx PLC’s (REL) “Outperform” Rating Reaffirm at Credit Suisse Group AG

Credit Suisse Group AG reaffirmed their outperform rating on shares of Relx PLC (LON:REL) in a research note released on Tuesday. They currently have a GBX 1,600 ($19.99) price target on the stock, up from their previous price target of GBX 1,370 ($17.12).

REL has been the topic of a number of other reports. Barclays PLC restated an overweight rating and set a GBX 1,595 ($19.93) price target on shares of Relx PLC in a research note on Wednesday, August 31st. BNP Paribas restated an outperform rating and set a GBX 1,650 ($20.61) price target on shares of Relx PLC in a research note on Thursday, October 20th. Liberum Capital restated a buy rating and set a GBX 1,215 ($15.18) price target on shares of Relx PLC in a research note on Thursday, September 15th. Berenberg Bank restated a buy rating and set a GBX 1,600 ($19.99) price target (up from GBX 1,475 ($18.43)) on shares of Relx PLC in a research note on Wednesday, September 14th. Finally, Deutsche Bank AG restated a hold rating and set a GBX 1,360 ($16.99) price target on shares of Relx PLC in a research note on Friday, November 11th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the stock. Relx PLC currently has an average rating of Buy and a consensus price target of GBX 1,432.53 ($17.90).

Shares of Relx PLC (LON:REL) opened at 1379.658 on Tuesday. The firm’s market cap is GBX 28.36 billion. Relx PLC has a 12 month low of GBX 631.02 and a 12 month high of GBX 1,514.00. The firm’s 50-day moving average price is GBX 1,407.95 and its 200-day moving average price is GBX 1,378.19.

In other news, insider Wolfhart Hauser acquired 7,435 shares of the company’s stock in a transaction on Wednesday, November 16th. The shares were bought at an average price of GBX 1,338 ($16.72) per share, with a total value of £99,480.30 ($124,288.23).

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