Relx (LON:REL) Hits New 1-Year High – Time to Buy?

Shares of Relx Plc (LON:REL) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 3,973 ($48.91) and last traded at GBX 3,965 ($48.81), with a volume of 2051055 shares changing hands. The stock had previously closed at GBX 3,958.71 ($48.73).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 4,550 ($56.01) price objective on shares of Relx in a research note on Tuesday, January 7th.

Relx Price Performance

The firm has a market capitalization of £74.12 billion, a PE ratio of 3,985.00, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a 50-day moving average price of GBX 3,706.48 and a 200-day moving average price of GBX 3,622.71. 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 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.