Reed Elsevier (LON:REL)‘s stock had its “add” rating restated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Friday, Analyst Ratings Net reports. They currently have a GBX 937 ($14.96) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 10.04% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated a “reduce” rating on shares of Reed Elsevier in a research note to investors on Thursday. They now have a GBX 805 ($12.85) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Reed Elsevier in a research note to investors on Wednesday. They now have a GBX 965 ($15.41) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Reed Elsevier in a research note to investors on Monday. They now have a GBX 900 ($14.37) price target on the stock. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 804.92 ($12.85).
Reed Elsevier (LON:REL) opened at 850.00 on Friday. Reed Elsevier has a 52 week low of GBX 593.50 and a 52 week high of GBX 860.0001. The stock has a 50-day moving average of GBX 815.8 and a 200-day moving average of GBX 776.7. The company’s market cap is £9.979 billion.
Reed Elsevier PLC is a provider of professional information solutions. As of December 31, 2011, the Company was organized in five business segments: Elsevier, providing scientific, technical and medical information solutions; LexisNexis Risk Solutions, providing risk information and analytics to business and government customers; LexisNexis Legal & Professional, providing legal, tax, regulatory and business information solutions to professionals, business and government customers; Reed Exhibitions, organising trade exhibitions and conferences, and Reed Business Information, providing information and marketing solutions to business professionals.
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