JPMorgan Chase & Co. reissued their overweight rating on shares of Relx (LON:REL - Free Report) in a report published on Tuesday, MarketBeat reports. The firm currently has a GBX 4,770 ($60.27) price target on the stock.
Relx Trading Down 2.0 %
LON:REL traded down GBX 78 ($0.99) during midday trading on Tuesday, reaching GBX 3,906 ($49.35). 3,116,570 shares of the stock traded hands, compared to its average volume of 3,064,240. The company has a fifty day moving average of GBX 3,857.36 and a 200 day moving average of GBX 3,690.51. Relx has a 12 month low of GBX 3,218 ($40.66) and a 12 month high of GBX 4,205 ($53.13). The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48. The stock has a market capitalization of £72.23 billion, a P/E ratio of 38.99, a PEG ratio of 2.69 and a beta of 0.48.
Relx (LON:REL - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported GBX 120.10 ($1.52) earnings per share (EPS) for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. On average, research analysts predict that Relx will post 134.0035675 EPS for the current year.
Insider Transactions at Relx
In other news, insider Erik Engstrom sold 128,798 shares of the company's stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of GBX 4,073 ($51.46), for a total value of £5,245,942.54 ($6,627,849.07). Insiders own 0.42% of the company's stock.
Relx Company Profile
(
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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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