Relx (LON:REL) Sets New 12-Month Low - What's Next?

Key Points

• Relx Plc shares have reached a new 52-week low, trading as low as GBX 3,389 ($45.91) with a recent price of GBX 3,394 ($45.98).
• Analysts have mixed ratings for Relx, with Deutsche Bank and JPMorgan Chase both increasing their price targets, resulting in an average target price of GBX 4,496.
• Relx reported a net margin of 20.34% and a return on equity of 56.71% for the most recent quarter, with an expected EPS of approximately 134 for the current year.

Shares of Relx Plc (LON:REL - Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 3,389 ($45.77) and last traded at GBX 3,394 ($45.84), with a volume of 3821995 shares traded. The stock had previously closed at GBX 3,427 ($46.29).

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on REL. JPMorgan Chase & Co. upped their price target on shares of Relx from GBX 4,890 to GBX 4,920 and gave the company an "overweight" rating in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft raised their price objective on Relx from GBX 3,909 to GBX 4,072 and gave the stock a "hold" rating in a research note on Friday, July 25th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of GBX 4,496.

Relx Stock Performance

The firm has a fifty day moving average of GBX 3,746.30 and a 200 day moving average of GBX 3,849.45. The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45. The stock has a market capitalization of £63.72 billion, a price-to-earnings ratio of 3,368.87, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Relx (LON:REL - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The company reported GBX 63.50 EPS for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. On average, sell-side analysts anticipate that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

About Relx

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.