JPMorgan Chase & Co. Reaffirms Overweight Rating for Relx (LON:REL)

Relx (LON:REL)‘s stock had its “overweight” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 4,550 ($56.92) target price on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 23.07% from the stock’s previous close.

Relx Stock Up 0.8 %

Relx stock traded up GBX 31 ($0.39) during trading hours on Tuesday, hitting GBX 3,697 ($46.25). The company had a trading volume of 11,166,269 shares, compared to its average volume of 4,208,406. The firm has a market capitalization of £68.76 billion, a P/E ratio of 3,697.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The firm’s fifty day moving average is GBX 3,659.60 and its 200-day moving average is GBX 3,601.18. Relx has a fifty-two week low of GBX 3,090 ($38.66) and a fifty-two week high of GBX 3,796.70 ($47.50). The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45.

Relx Company Profile

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.