Relx Plc (LON:REL – Get Free Report)’s share price hit a new 52-week low on Wednesday . The company traded as low as GBX 43.54 ($0.56) and last traded at GBX 3,673 ($47.25), with a volume of 2834213 shares traded. The stock had previously closed at GBX 3,688 ($47.44).
Wall Street Analyst Weigh In
Separately, Citigroup restated a “neutral” rating on shares of Relx in a research report on Thursday, July 4th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Relx has a consensus rating of “Hold” and an average price target of GBX 3,327.50 ($42.80).
Read Our Latest Stock Analysis on REL
Relx Stock Performance
Relx Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, August 1st will be issued a GBX 18.20 ($0.23) dividend. The ex-dividend date of this dividend is Thursday, August 1st. This represents a dividend yield of 0.52%. Relx’s dividend payout ratio is currently 6,483.52%.
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.
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