Relx (LON:REL) Insider Sells £2,528,088.27 in Stock

Relx Plc (LON:REL) insider Erik Engstrom sold 112,011 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of GBX 2,257, for a total value of £2,528,088.27.

Relx Price Performance

LON:REL opened at GBX 2,293 on Friday. The firm’s 50-day simple moving average is GBX 2,780.44 and its 200 day simple moving average is GBX 3,164.61. Relx Plc has a 52 week low of GBX 1,991 and a 52 week high of GBX 4,183. The firm has a market cap of £41.54 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48.

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

Analysts Set New Price Targets

REL has been the subject of a number of research reports. Citigroup began coverage on shares of Relx in a report on Monday, January 12th. They issued a “neutral” rating and a GBX 3,178 price objective for the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 5,070 target price on shares of Relx in a report on Friday, January 16th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,222.50.

Relx Company Profile

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.