Relx Plc (LON:REL – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,125.82 ($39.24) and traded as high as GBX 3,320 ($41.68). Relx shares last traded at GBX 3,318 ($41.65), with a volume of 3,200,384 shares changing hands.
Analyst Upgrades and Downgrades
REL has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Relx from GBX 3,770 ($47.33) to GBX 4,100 ($51.47) and gave the company an “overweight” rating in a report on Friday, February 16th. Berenberg Bank cut shares of Relx to a “hold” rating and lifted their price objective for the company from GBX 3,300 ($41.43) to GBX 3,500 ($43.94) in a report on Friday, March 29th.
Read Our Latest Stock Report on REL
Relx Trading Up 0.2 %
Relx Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 2nd will be given a GBX 41.80 ($0.52) dividend. This is a positive change from Relx’s previous dividend of $17.00. The ex-dividend date is Thursday, May 2nd. This represents a dividend yield of 1.25%. Relx’s dividend payout ratio (DPR) is 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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