Relx (LON:REL) Shares Down 10.2% - Time to Sell?

Key Points

• Relx shares fell 10.2% to GBX 2,321 on Tuesday with 240,154,125 shares traded, about a 775% increase in volume versus the average, indicating heavy selling and elevated volatility.
• Analysts remain cautiously positive: consensus is a "Moderate Buy" with an average price target of GBX 4,222.50 (three Buy ratings, two Holds), implying substantial implied upside from current levels.
• Company fundamentals show potential near-term risk — low liquidity (quick ratio 0.45, current ratio 0.48) and a very high debt-to-equity ratio of 216.69 — which could exacerbate downside if conditions worsen.

Relx Plc (LON:REL - Get Free Report) traded down 10.2% during trading on Tuesday . The company traded as low as GBX 2,294 and last traded at GBX 2,321. 240,154,125 shares traded hands during mid-day trading, an increase of 775% from the average session volume of 27,448,943 shares. The stock had previously closed at GBX 2,585.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on REL shares. Royal Bank Of Canada reiterated an "overweight" rating on shares of Relx in a research note on Tuesday, October 21st. JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 5,070 price target on shares of Relx in a research report on Friday, January 16th. Citigroup initiated coverage on Relx in a research report on Monday, January 12th. They issued a "neutral" rating and a GBX 3,178 price objective on the stock. Finally, UBS Group reiterated a "buy" rating and set a GBX 4,570 target price on shares of Relx in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Relx currently has an average rating of "Moderate Buy" and an average price target of GBX 4,222.50.

Relx Stock Down 9.8%

The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69. The company has a market cap of £42.41 billion, a PE ratio of 22.55, a PEG ratio of 2.69 and a beta of 0.48. The company's fifty day moving average is GBX 3,000.03 and its 200-day moving average is GBX 3,314.22.

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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