RELX PLC (RELX) Trades at $21.61 Forming Multiple Bottom Chart Pattern

June 27, 2018 - By Daniel Cummings

RELX PLC (NYSE:RELX) Corporate Logo

RELX PLC (RELX) chart points out a multiple bottoms chart pattern with $20.96 price target. That’s 3.00 % below today’s $21.61 share price. The multiple bottoms chart pattern was reported on Jun, 27 by Finviz.com. At our $20.96 price target, the company worth will be $1.28 billion less.

The stock decreased 0.41% or $0.09 during the last trading session, hitting $21.61.RELX PLC is uptrending after having risen 3.59% since June 27, 2017. RELX has 1.09M volume or 178.38% up from normal. RELX underperformed the S&P 500 by 8.98%.

RELX PLC (NYSE:RELX) Ratings Coverage

Total analysts of 3 have positions in RELX (NYSE:RELX) as follows: 2 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 67%. Since January 10, 2018 according to StockzIntelligence Inc RELX has 3 analyst reports. On Friday, February 9 the rating was upgraded by Deutsche Bank to “Buy”. On Monday, February 12 the company was downgraded by Barclays Capital. In Wednesday, January 10 report Goldman Sachs upgraded the stock to “Buy” rating.

RELX PLC (NYSE:RELX) Analyst Ratings Chart

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