Relx (LON:REL) Sets New 12-Month High – Should You Buy?

Relx Plc (LON:REL)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3,804 ($47.02) and last traded at GBX 3,799 ($46.96), with a volume of 21669117 shares trading hands. The stock had previously closed at GBX 3,775 ($46.66).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 4,550 ($56.24) price target on shares of Relx in a report on Tuesday.

Relx Trading Up 0.8 %

The business has a 50 day moving average of GBX 3,664.82 and a two-hundred day moving average of GBX 3,603.55. The firm has a market capitalization of £70.81 billion, a price-to-earnings ratio of 3,807.00, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 218.66, a quick ratio of 0.45 and a current ratio of 0.48.

About Relx

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.