Relx (NYSE:RELX) Given "Buy (B)" Rating at Weiss Ratings

Relx (NYSE:RELX - Get Free Report)'s stock had its "buy (b)" rating reaffirmed by analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other brokerages have also recently weighed in on RELX. Morgan Stanley reissued an "overweight" rating on shares of Relx in a research report on Thursday, September 11th. Barclays reissued an "overweight" rating on shares of Relx in a research report on Tuesday. Kepler Capital Markets raised shares of Relx from a "hold" rating to a "strong-buy" rating in a research report on Thursday, September 18th. Finally, Wall Street Zen cut shares of Relx from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company's stock. According to data from MarketBeat.com, Relx has a consensus rating of "Buy".

Relx Price Performance

RELX stock opened at $45.84 on Wednesday. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.42 and a current ratio of 0.47. Relx has a 52 week low of $44.19 and a 52 week high of $56.33. The firm's fifty day moving average is $47.49 and its 200 day moving average is $50.87. The firm has a market cap of $84.01 billion, a P/E ratio of 24.65, a P/E/G ratio of 2.96 and a beta of 0.87.

Institutional Investors Weigh In On Relx

Several institutional investors and hedge funds have recently modified their holdings of the stock. Bleakley Financial Group LLC lifted its position in shares of Relx by 1.5% in the 1st quarter. Bleakley Financial Group LLC now owns 14,147 shares of the technology company's stock worth $713,000 after purchasing an additional 207 shares during the period. Frank Rimerman Advisors LLC lifted its position in Relx by 3.5% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 6,866 shares of the technology company's stock valued at $373,000 after acquiring an additional 230 shares during the period. Venturi Wealth Management LLC lifted its position in Relx by 1.0% during the 2nd quarter. Venturi Wealth Management LLC now owns 24,476 shares of the technology company's stock valued at $1,330,000 after acquiring an additional 232 shares during the period. Whipplewood Advisors LLC lifted its position in Relx by 15.7% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,719 shares of the technology company's stock valued at $93,000 after acquiring an additional 233 shares during the period. Finally, Cynosure Group LLC lifted its position in Relx by 3.5% during the 1st quarter. Cynosure Group LLC now owns 6,951 shares of the technology company's stock valued at $350,000 after acquiring an additional 236 shares during the period. 15.02% of the stock is owned by hedge funds and other institutional investors.

About Relx

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.

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