Relx (LON:REL) Sets New 52-Week High – What’s Next?

Relx Plc (LON:REL) hit a new 52-week high on Wednesday . The stock traded as high as GBX 3,827 ($46.72) and last traded at GBX 3,814 ($46.56), with a volume of 18705818 shares. The stock had previously closed at GBX 3,763 ($45.94).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 4,550 ($55.55) price objective on shares of Relx in a report on Tuesday, January 7th.

Relx Stock Up 1.2 %

The stock has a market cap of £70.85 billion, a PE ratio of 3,809.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The business has a fifty day moving average of GBX 3,676.14 and a 200-day moving average of GBX 3,610.90. The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45.

About Relx

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.