Relx (LON:REL) Sets New 1-Year Low - Should You Sell?

Key Points

• Relx Plc's stock price reached a new 52-week low, trading at GBX 3,319 ($44.62) before closing at GBX 3,356 ($45.11) with over 3 million shares traded.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Relx, with target prices ranging from GBX 4,072 to GBX 4,920, suggesting potential for recovery.
• The company reported a net margin of 20.34% and a return on equity of 56.71% in its recent quarterly earnings, indicating strong profitability despite stock performance concerns.

Relx Plc (LON:REL - Get Free Report)'s stock price hit a new 52-week low on Friday . The stock traded as low as GBX 3,319 ($44.62) and last traded at GBX 3,356 ($45.11), with a volume of 3118762 shares traded. The stock had previously closed at GBX 3,356 ($45.11).

Wall Street Analysts Forecast Growth

REL has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price objective on Relx from GBX 3,909 to GBX 4,072 and gave the company a "hold" rating in a report on Friday, July 25th. JPMorgan Chase & Co. boosted their price objective on Relx from GBX 4,890 to GBX 4,920 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, UBS Group restated a "buy" rating and set a GBX 4,570 target price on shares of Relx in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 4,520.67.

Relx Price Performance

The company has a market cap of £61.13 billion, a PE ratio of 3,245.65, a PEG ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48. The firm has a fifty day simple moving average of GBX 3,476.40 and a 200 day simple moving average of GBX 3,775.78.

Relx (LON:REL - Get Free Report) last released its quarterly earnings results 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%. Equities research analysts predict that Relx Plc will post 134.0035675 EPS for the current year.

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.

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