Tuesday 28 February 2017

RELX Plc (LON:REL) “Buy” Rating Reaffirmed by Analysts at Berenberg; The Price Target Given is GBX 1700.00, Smith Graham & Co Investment Advisors LP Trimmed By $3.64 Million Its Brocade Communications Systems (BRCD) Stake

Smith Graham & Co Investment Advisors Lp decreased Brocade Communications Systems Inc. (BRCD) stake by 71.4% reported in 2016Q4 SEC filing. Smith Graham & Co Investment Advisors Lp sold 303,670 shares as Brocade Communications Systems Inc. (BRCD)’s stock declined 0.22%. The Smith Graham & Co Investment Advisors Lp holds 121,650 shares with $1.52 million value, down from 425,320 last quarter. Brocade Communications Systems Inc. now has $4.98B valuation. The stock decreased 0.08% or $0.01 during the last trading session, reaching $12.32. About shares traded. Brocade Communications Systems, Inc. (NASDAQ:BRCD) has risen 35.09% since July 22, 2016 and is uptrending. It has outperformed by 26.14% the S&P500.

Berenberg have a GBX 1700.00 price target on the stock. The price target would suggest a potential upside of 12.99% from RELX Plc (LON:REL)‘s close price. This rating was revealed to investors in a report on Tuesday morning.

Among 18 analysts covering Reed Elsevier PLC (LON:REL), 12 have Buy rating, 1 Sell and 5 Hold. Therefore 67% are positive. Reed Elsevier PLC has GBX 1760 highest and GBX 20 lowest target. GBX 1551.50’s average target is 3.16% above currents GBX 1504 stock price. Reed Elsevier PLC had 109 analyst reports since July 23, 2015 according to SRatingsIntel. Credit Suisse upgraded the shares of REL in report on Tuesday, November 22 to “Outperform” rating. On Thursday, August 18 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Buy” rating by Berenberg given on Wednesday, September 14. The firm has “Overweight” rating by Barclays Capital given on Friday, July 29. As per Friday, November 20, the company rating was maintained by Deutsche Bank. The firm has “Hold” rating by Numis Securities given on Thursday, July 28. As per Thursday, January 5, the company rating was maintained by Investec. The firm has “Hold” rating by Deutsche Bank given on Friday, February 24. The stock of Relx PLC (LON:REL) earned “Underperform” rating by Macquarie Research on Thursday, January 26. The rating was maintained by BNP Paribas with “Outperform” on Tuesday, February 21.

About 919,723 shares traded. Relx PLC (LON:REL) has risen 4.67% since July 29, 2016 and is uptrending. It has underperformed by 4.28% the S&P500.

RELX PLC is a United Kingdom-based company holding shares in RELX Group plc. The company has market cap of 30.70 billion GBP. RELX Group plc is a global well-known provider of information and analytics for professional and business clients across industries. It has a 26.93 P/E ratio. RELX Group plc serves clients in more than 180 countries.

Since September 15, 2016, it had 0 insider buys, and 4 insider sales for $8.32 million activity. 6,346 shares were sold by ODONNELL ELLEN, worth $78,563 on Wednesday, December 14. $8.05 million worth of Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares were sold by CARNEY LLOYD. England Gale E. had sold 10,000 shares worth $124,136.

Among 19 analysts covering Brocade Communications Systems Inc. (NASDAQ:BRCD), 3 have Buy rating, 2 Sell and 14 Hold. Therefore 16% are positive. Brocade Communications Systems Inc. has $14 highest and $7.50 lowest target. $10.69’s average target is -13.23% below currents $12.32 stock price. Brocade Communications Systems Inc. had 49 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, November 3. Barclays Capital initiated it with “Equalweight” rating and $12 target in Wednesday, October 14 report. The firm has “Neutral” rating given on Thursday, September 22 by Citigroup. Wunderlich downgraded it to “Sell” rating and $11 target in Thursday, November 3 report. The company was maintained on Tuesday, August 23 by Barclays Capital. The stock of Brocade Communications Systems, Inc. (NASDAQ:BRCD) has “Outperform” rating given on Tuesday, November 1 by RBC Capital Markets. The firm earned “Market Perform” rating on Monday, August 24 by William Blair. The rating was maintained by RBC Capital Markets on Friday, May 20 with “Sector Perform”. Bank of America initiated the stock with “Buy” rating in Wednesday, May 18 report. The firm has “Neutral” rating given on Wednesday, November 2 by Raymond James.

Investors sentiment decreased to 0.62 in Q4 2016. Its down 0.10, from 0.72 in 2016Q3. It fall, as 81 investors sold BRCD shares while 124 reduced holdings. 64 funds opened positions while 63 raised stakes. 322.41 million shares or 1.89% less from 328.64 million shares in 2016Q3 were reported. Sg Americas Securities Lc holds 792,854 shares. Millennium Ltd Liability Company has invested 0.06% in Brocade Communications Systems, Inc. (NASDAQ:BRCD). Whittier Trust Of Nevada has invested 0% in Brocade Communications Systems, Inc. (NASDAQ:BRCD). 1,000 were reported by Wealthtrust. Stifel Fin Corp holds 0% or 57,779 shares in its portfolio. Dreman Value L L C owns 42,782 shares for 0.3% of their portfolio. Arizona State Retirement invested in 163,800 shares. 285,000 are owned by Cqs Cayman L P. Ontario Teachers Pension Plan Board stated it has 204,608 shares. Credit Suisse Ag invested 0.07% in Brocade Communications Systems, Inc. (NASDAQ:BRCD). Gabelli And Company Inv Advisers accumulated 741,647 shares. Dekabank Deutsche Girozentrale owns 14,224 shares. Peak6 Limited Partnership invested in 0% or 40,389 shares. Ig Inv Mngmt Limited has 457,600 shares for 0.03% of their portfolio. Fruth Invest, Texas-based fund reported 28,400 shares.

The post RELX Plc (LON:REL) “Buy” Rating Reaffirmed by Analysts at Berenberg; The Price Target Given is GBX 1700.00, Smith Graham & Co Investment Advisors LP Trimmed By $3.64 Million Its Brocade Communications Systems (BRCD) Stake appeared first on Stock Market News | HillCountryTimes | Get it Today.



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