BofA raised the firm’s price target on Relx to 3,200 GBp from 3,080 GBp and keeps a Buy rating on the shares following a deep dive into the Risk division, which the firm sees accounting for 34% of group sales and 40% of the forecast profit growth over the next four years. The firm’s increased target is “led by our more bullish view of Risk,” the analyst tells investors.
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Read More on RELX:
- Relx price target raised to 3,000 GBp from 2,915 GBp at Credit Suisse
- Relx upgraded to Buy from Hold at Investec
- Relx (RELX) Reveals Q3 Dividend: Here’s the Essential Information
- Relx price target raised to 3,100 GBp from 3,040 GBp at JPMorgan
- Relx price target raised to 2,915 GBp from 2,913 GBp at Credit Suisse
