Key Points
- Insider sale: N Luff sold 61,662 shares of Relx on February 13 at an average price of GBX 2,257, generating proceeds of £1,391,711.34.
- Market and analyst context: Relx shares were up ~2.3%, the company has a market cap of £40.31 billion and a P/E of 21.52, and analysts hold a consensus "Moderate Buy" with an average target of GBX 4,222.50 (JPMorgan GBX 5,070 overweight; Citigroup GBX 3,178 neutral).
Relx Plc (LON:REL - Get Free Report) insider N Luff sold 61,662 shares of Relx stock in a transaction dated Friday, February 13th. The shares were sold at an average price of GBX 2,257, for a total value of £1,391,711.34.
Relx Stock Up 2.3%
Shares of Relx stock opened at GBX 2,225 on Wednesday. The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45. The stock has a market cap of £40.31 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 2.69 and a beta of 0.48. The firm's 50-day moving average is GBX 2,810.84 and its two-hundred day moving average is GBX 3,177.58. Relx Plc has a 1 year low of GBX 1,991 and a 1 year high of GBX 4,183.
Relx (LON:REL - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported GBX 128.50 EPS for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. As a group, research analysts expect that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
REL has been the topic of several recent research reports. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 5,070 target price on shares of Relx in a research report on Friday, January 16th. Royal Bank Of Canada restated an "overweight" rating on shares of Relx in a research note on Tuesday, October 21st. Finally, Citigroup assumed coverage on Relx in a research note on Monday, January 12th. They issued a "neutral" rating and a GBX 3,178 target price on the stock. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 4,222.50.
View Our Latest Research Report on Relx
Relx Company Profile
(
Get Free Report)
RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
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