N Luff Sells 61,662 Shares of Relx (LON:REL) Stock

Relx Plc (LON:REL) insider N Luff sold 61,662 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of GBX 2,257, for a total value of £1,391,711.34.

Relx Trading Up 2.4%

LON:REL opened at GBX 2,227 on Tuesday. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. Relx Plc has a 1-year low of GBX 1,991 and a 1-year high of GBX 4,183. The firm has a market capitalization of £40.35 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 2.69 and a beta of 0.48. The business’s 50-day moving average price is GBX 2,825.86 and its two-hundred day moving average price is GBX 3,189.36.

Relx (LON:REL) last announced its quarterly earnings results on Thursday, February 12th. The company reported GBX 128.50 EPS for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. On average, equities analysts expect that Relx Plc will post 134.0035675 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on REL. Royal Bank Of Canada reissued an “overweight” rating on shares of Relx in a report on Tuesday, October 21st. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 5,070 target price on shares of Relx in a report on Friday, January 16th. Finally, Citigroup began coverage on Relx in a report on Monday, January 12th. They issued a “neutral” rating and a GBX 3,178 price target for the company. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,222.50.

About Relx

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.