Relx (LON:REL) Sets New 52-Week Low – Should You Sell?

Relx Plc (LON:REL) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 3,266 and last traded at GBX 3,316, with a volume of 1688465750 shares trading hands. The stock had previously closed at GBX 3,417.

Analyst Ratings Changes

REL has been the topic of a number of recent research reports. UBS Group reaffirmed a “buy” rating and set a GBX 4,570 price objective on shares of Relx in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft raised their price objective on Relx from GBX 3,909 to GBX 4,072 and gave the company a “hold” rating in a research note on Friday, July 25th. Royal Bank Of Canada reaffirmed an “overweight” rating on shares of Relx in a research note on Tuesday, October 21st. Finally, JPMorgan Chase & Co. raised their price objective on Relx from GBX 4,890 to GBX 4,920 and gave the company an “overweight” rating in a research note on Friday, July 25th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,520.67.

Relx Stock Down 3.0%

The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45. The company has a market capitalization of £60.34 billion, a P/E ratio of 32.07, a PEG ratio of 2.69 and a beta of 0.48. The company has a 50 day moving average of GBX 3,439.97 and a 200-day moving average of GBX 3,741.11.

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.