Relx (LON:REL) Insider Erik Engstrom Sells 112,011 Shares

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

Relx Stock Up 2.3%

LON:REL opened at GBX 2,225 on Wednesday. The company has a market cap of £40.31 billion, a price-to-earnings ratio of 21.52, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. Relx Plc has a twelve month low of GBX 1,991 and a twelve month high of GBX 4,183. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. The stock has a fifty day simple moving average of GBX 2,810.84 and a 200-day simple moving average of GBX 3,177.58.

Relx (LON:REL) last posted its quarterly earnings results on Thursday, February 12th. The company reported GBX 128.50 EPS for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. Analysts anticipate that Relx Plc will post 134.0035675 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on REL shares. Citigroup started coverage on Relx in a report on Monday, January 12th. They issued a “neutral” rating and a GBX 3,178 price target for the company. Royal Bank Of Canada reaffirmed an “overweight” rating on shares of Relx in a research report on Tuesday, October 21st. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 5,070 price target on shares of Relx in a research report on Friday, January 16th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average 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.