Relx - REL Share Forecast, Price & News

RELX PLC provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk. The Scientific, Technical & Medical segment provides information and analytics that help institutions and professionals to progress in science and advance healthcare. The Legal segment provides legal, regulatory, and business information and analytics that help customers in decision-making, as well as increases the productivity. The Exhibitions segment is involved in the events business that combines face-to-face with data and digital tools to help customers learn about markets, source products, and complete transactions. The company was formerly known as Reed Elsevier PLC and changed its name to RELX PLC in July 2015. The company was incorporated in 1903 and is headquartered in London, the United Kingdom.

Analyst Ratings Changes

A number of brokerages have recently weighed in on REL. Morgan Stanley restated an "overweight" rating on shares of Relx in a report on Wednesday, May 11th. JPMorgan Chase & Co. set a GBX 2,800 ($33.83) price target on shares of Relx in a report on Monday, July 25th. The Goldman Sachs Group set a GBX 2,825 ($34.13) price objective on shares of Relx in a research report on Wednesday, August 3rd. Credit Suisse Group set a GBX 2,805 ($33.89) price objective on shares of Relx in a research report on Tuesday. Finally, UBS Group set a GBX 2,700 ($32.62) price objective on shares of Relx in a research report on Friday, July 29th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 2,518.75 ($30.43).

Relx Stock Up 0.3 %

LON:REL opened at GBX 2,390 ($28.88) on Wednesday. The firm's 50-day moving average price is GBX 2,271.77 and its 200-day moving average price is GBX 2,293.78. The company has a market capitalization of £45.91 billion and a PE ratio of 2,949.38. The company has a debt-to-equity ratio of 189.53, a current ratio of 0.51 and a quick ratio of 0.45. Relx has a 1-year low of GBX 2,056 ($24.84) and a 1-year high of GBX 2,474 ($29.89).

Relx Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, September 8th. Investors of record on Thursday, August 4th will be given a dividend of GBX 15.70 ($0.19) per share. This represents a yield of 0.67%. The ex-dividend date is Thursday, August 4th. Relx's dividend payout ratio (DPR) is 61.48%.