Shares of Relx Plc (LON:REL – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,102.13 ($39.20) and traded as high as GBX 3,460 ($43.73). Relx shares last traded at GBX 3,424 ($43.27), with a volume of 2,929,103 shares.
Analyst Ratings Changes
Several research analysts have commented on the company. JPMorgan Chase & Co. raised their target price on Relx from GBX 3,770 ($47.64) to GBX 4,100 ($51.81) and gave the stock an “overweight” rating in a research note on Friday, February 16th. Berenberg Bank downgraded Relx to a “hold” rating and raised their target price for the stock from GBX 3,300 ($41.70) to GBX 3,500 ($44.23) in a research note on Friday.
Check Out Our Latest Analysis on REL
Relx Trading Down 0.1 %
Relx Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 2nd will be issued a dividend of GBX 41.80 ($0.53) per share. This represents a dividend yield of 1.25%. This is a boost from Relx’s previous dividend of $17.00. The ex-dividend date of this dividend is Thursday, May 2nd. Relx’s dividend payout ratio (DPR) is currently 6,276.60%.
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.
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