UBS analyst Adam Berlin maintained a Buy rating on RELX plc (RLXXF – Research Report) today and set a price target of £36.40. The company’s shares closed yesterday at $40.26.
According to TipRanks, Berlin is ranked #4137 out of 8739 analysts.
RELX plc has an analyst consensus of Moderate Buy, with a price target consensus of $48.59, implying a 20.69% upside from current levels. In a report released on April 18, Morgan Stanley also maintained a Buy rating on the stock with a £37.20 price target.
RLXXF market cap is currently $78.46B and has a P/E ratio of 35.03.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RLXXF in relation to earlier this year.
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RELX plc (RLXXF) Company Description:
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.
