In a report released today, Lisa Yang from Goldman Sachs maintained a Buy rating on RELX plc (RLXXF – Research Report), with a price target of £32.25. The company’s shares closed last Monday at $31.73, close to its 52-week high of $33.00.
Yang has an average return of 0.1% when recommending RELX plc.
According to TipRanks.com, Yang is ranked #1263 out of 7929 analysts.
Currently, the analyst consensus on RELX plc is a Strong Buy with an average price target of $35.47, an 11.8% upside from current levels. In a report issued on March 29, Credit Suisse also maintained a Buy rating on the stock with a p2650.00 price target.
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Based on RELX plc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0.
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.
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.
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