JPMorgan Chase & Co. Reiterates Overweight Rating for Relx (LON:REL)

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Relx (LON:REL) in a report issued on Tuesday morning, MarketBeat reports. The brokerage currently has a GBX 4,550 ($56.76) price target on the stock.

Relx Price Performance

Shares of LON:REL opened at GBX 3,729 ($46.52) on Tuesday. The stock has a market cap of £69.36 billion, a price-to-earnings ratio of 3,729.00, a PEG ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45. Relx has a 12 month low of GBX 3,090 ($38.55) and a 12 month high of GBX 3,796.70 ($47.36). The stock’s 50 day moving average price is GBX 3,661.80 and its 200 day moving average price is GBX 3,602.35.

Relx Company Profile

RELX PLC, together with its subsidiaries, 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.