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

Relx (LON:REL)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 4,770 ($60.18) price target on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 18.39% from the company’s previous close.

Relx Trading Down 0.5 %

Shares of REL traded down GBX 19 ($0.24) during mid-day trading on Tuesday, reaching GBX 4,029 ($50.83). 3,428,466 shares of the company’s stock traded hands, compared to its average volume of 3,085,930. The stock has a market cap of £74.51 billion, a P/E ratio of 40.22, a P/E/G ratio of 2.69 and a beta of 0.48. The stock’s 50-day moving average is GBX 3,839.36 and its two-hundred day moving average is GBX 3,682.41. Relx has a 12 month low of GBX 3,218 ($40.60) and a 12 month high of GBX 4,205 ($53.05). The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45.

Relx (LON:REL) last announced its quarterly earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.52) earnings per share (EPS) for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. Research analysts forecast that Relx will post 134.0035675 earnings per share for the current fiscal year.

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.