Brokerages Set $21.00 Target Price for Relx N.V. (RENX)

Shares of Relx N.V. (NYSE:RENX) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Analysts have set a 12 month consensus price objective of $21.00 for the company, according to Zacks. Zacks has also given Relx N.V. an industry rank of 88 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of Relx N.V. from a “sell” rating to a “hold” rating in a research note on Saturday, November 5th.

“Brokerages Set $21.00 Target Price for Relx N.V. (RENX)” was first reported by sleekmoney and is owned by of sleekmoney. If you are viewing this article on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this article can be accessed at http://sleekmoney.com/brokerages-set-21-00-target-price-for-relx-n-v-renx/1661510.html.

Relx N.V. (NYSE:RENX) opened at 17.34 on Friday. The company’s 50-day moving average is $16.80 and its 200-day moving average is $16.93. Relx N.V. has a 52-week low of $14.92 and a 52-week high of $18.34. The firm has a market capitalization of $35.64 billion, a PE ratio of 26.47 and a beta of 1.03.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Lazard Asset Management LLC increased its position in Relx N.V. by 9.3% in the third quarter. Lazard Asset Management LLC now owns 219,940 shares of the company’s stock valued at $3,928,000 after buying an additional 18,695 shares during the period. Ameriprise Financial Inc. increased its position in Relx N.V. by 10.2% in the second quarter. Ameriprise Financial Inc. now owns 149,745 shares of the company’s stock valued at $2,606,000 after buying an additional 13,909 shares during the period. Jane Street Group LLC increased its position in Relx N.V. by 928.1% in the third quarter. Jane Street Group LLC now owns 145,079 shares of the company’s stock valued at $2,591,000 after buying an additional 130,967 shares during the period. Royal Bank of Canada increased its position in Relx N.V. by 498.8% in the second quarter. Royal Bank of Canada now owns 118,720 shares of the company’s stock valued at $2,067,000 after buying an additional 98,893 shares during the period. Finally, OLD Mission Capital LLC acquired a new position in Relx N.V. during the third quarter valued at approximately $1,806,000. 1.24% of the stock is currently owned by hedge funds and other institutional investors.

About Relx N.V.

RELX NV is a Netherlands-based company holding shares in RELX Group plc. RELX Group plc is a global provider of information and analytics for professional and business customers across industries. RELX Group plc serves customers in more than 180 countries. The Company operates in four market segments.

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