Relx (LON:REL) Sets New 1-Year High - Should You Buy?

Relx Plc (LON:REL - Get Free Report)'s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 4,071 ($50.50) and last traded at GBX 4,053 ($50.27), with a volume of 37883176 shares trading hands. The stock had previously closed at GBX 4,031 ($50.00).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 4,550 ($56.44) price target on shares of Relx in a research report on Tuesday, January 7th.

Relx Stock Down 0.1 %

The firm has a market capitalization of £75.13 billion, a PE ratio of 4,039.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 218.66. The business's 50-day moving average price is GBX 3,797.88 and its 200-day moving average price is GBX 3,658.16.

Relx Company Profile

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.