Relx (LON:REL) Hits New 1-Year Low – Time to Sell?

Relx Plc (LON:REL)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 2,969 and last traded at GBX 2,999.75, with a volume of 4080272 shares traded. The stock had previously closed at GBX 3,014.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on REL shares. Royal Bank Of Canada reissued an “overweight” rating on shares of Relx in a research note on Tuesday, October 21st. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 5,070 price target on shares of Relx in a research report on Friday. UBS Group restated a “buy” rating and issued a GBX 4,570 price target on shares of Relx in a research note on Friday, October 17th. Finally, Citigroup started coverage on Relx in a research report on Monday, January 12th. They set a “neutral” rating and a GBX 3,178 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 4,222.50.

Relx Price Performance

The stock’s 50 day moving average is GBX 3,060.30 and its two-hundred day moving average is GBX 3,396.45. The stock has a market capitalization of £54.55 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.