Relx (LON:REL) Earns “Overweight” Rating from JPMorgan Chase & Co.

Relx (LON:REL)‘s stock had its “overweight” rating reissued by JPMorgan Chase & Co. in a research note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 4,550 ($56.92) price objective on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 23.07% from the stock’s previous close.

Relx Stock Performance

Shares of LON REL traded up GBX 31 ($0.39) during trading hours on Tuesday, hitting GBX 3,697 ($46.25). 11,166,269 shares of the company’s stock were exchanged, compared to its average volume of 4,208,406. Relx has a 1-year low of GBX 3,090 ($38.66) and a 1-year high of GBX 3,796.70 ($47.50). The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45. The stock has a market capitalization of £68.76 billion, a price-to-earnings ratio of 3,697.00, a PEG ratio of 2.69 and a beta of 0.48. The company’s 50-day moving average price is GBX 3,659.60 and its 200-day moving average price is GBX 3,601.18.

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.