Relx’s (REL) Neutral Rating Reaffirmed at Citigroup

Relx (LON:REL)‘s stock had its “neutral” rating reaffirmed by research analysts at Citigroup in a research note issued on Thursday, Digital Look reports.

Separately, Berenberg Bank cut Relx to a “hold” rating and boosted their price target for the stock from GBX 3,300 ($41.74) to GBX 3,500 ($44.27) in a research note on Friday, March 29th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 3,327.50 ($42.09).

Relx Price Performance

REL opened at GBX 3,591 ($45.42) on Thursday. The company has a 50 day moving average of GBX 3,476.54 and a two-hundred day moving average of GBX 3,360.96. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 188.92. Relx has a 52-week low of GBX 2,432 ($30.76) and a 52-week high of GBX 3,675 ($46.48). The company has a market cap of £67.15 billion, a P/E ratio of 3,945.48, a P/E/G ratio of 3.83 and a beta of 0.46.

Insiders Place Their Bets

In other news, insider Alistair R. Cox purchased 1,630 shares of the firm’s stock in a transaction on Thursday, April 25th. The stock was purchased at an average cost of GBX 3,229 ($40.84) per share, with a total value of £52,632.70 ($66,573.11). 0.42% of the stock is currently owned by insiders.

About Relx

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.