Shares of Relx NV (NYSE:RENX) have been assigned a consensus broker rating score of 0.00 () from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus price objective of $21.00 for the company, according to Zacks. Zacks has also given Relx NV an industry rank of 89 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded Relx NV from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Tuesday, February 28th.
Shares of Relx NV (NYSE:RENX) opened at 18.64 on Thursday. The stock has a market capitalization of $38.08 billion, a P/E ratio of 26.98 and a beta of 1.03. Relx NV has a 12-month low of $14.92 and a 12-month high of $18.67. The firm’s 50-day moving average is $17.71 and its 200 day moving average is $16.94.
The business also recently declared a semiannual dividend, which will be paid on Thursday, May 25th. Stockholders of record on Friday, April 28th will be issued a dividend of $0.319 per share. The ex-dividend date is Wednesday, April 26th. This represents a dividend yield of 3.59%.
Several institutional investors have recently modified their holdings of RENX. Jane Street Group LLC increased its position in shares of Relx NV 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 last quarter. OLD Mission Capital LLC bought a new position in shares of Relx NV during the third quarter valued at $1,806,000. KCG Holdings Inc. increased its position in shares of Relx NV by 446.5% in the third quarter. KCG Holdings Inc. now owns 55,647 shares of the company’s stock valued at $994,000 after buying an additional 45,465 shares during the last quarter. Bessemer Group Inc. bought a new position in shares of Relx NV during the fourth quarter valued at $695,000. Finally, Susquehanna International Group LLP bought a new position in shares of Relx NV during the third quarter valued at $480,000. Hedge funds and other institutional investors own 1.24% of the company’s stock.
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About Relx NV
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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