BofA/Merrill Lynch Reinstates Reed Elsevier NV (ENL) at Buy

May 29, 2014 12:09 PM EDT
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Price: $46.85 --0%

Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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BofA/Merrill Lynch reinstates coverage on Reed Elsevier NV (NYSE: ENL) with a Buy rating and a price target of $53.00.

Analyst Ruchi Malaiya said the stock offer defensive growth, with a high percent of subscription revenue and structural growth in Exhibitions/Risk Solutions.

For an analyst ratings summary and ratings history on Reed Elsevier NV click here. For more ratings news on Reed Elsevier NV click here.

Shares of Reed Elsevier NV closed at $43.89 yesterday.



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