RELX plc (RLXXF) received a Buy rating and a £19.60 price target from Kepler Capital analyst Conor O’Shea yesterday. The company’s shares closed last Wednesday at $24.15.
According to TipRanks.com, O’Shea is a 3-star analyst with an average return of 7.3% and a 50.0% success rate. O’Shea covers the Services sector, focusing on stocks such as Vivendi, Pearson, and Relx.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RELX plc with a $26.22 average price target, representing a 7.5% upside. In a report issued on December 7, J.P. Morgan also maintained a Buy rating on the stock with a £20.26 price target.
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RELX plc’s market cap is currently $45.89B and has a P/E ratio of 27.50. The company has a Price to Book ratio of -3.68.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RLXXF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
RELX is a FTSE 100 diversified information and analytics company. The firm operates across four main areas: scientific, technical, and medical (34% of 2019 sales); risk and business analytics (29%); legal (21%); and exhibitions (16%). RELX Group has three listings: its primary one in London and two more in New York and Amsterdam.
