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

Relx Plc (LON:REL) insider Erik Engstrom sold 112,011 shares of the business’s stock in a transaction dated 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 Stock Performance

LON REL opened at GBX 2,227 on Tuesday. The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45. Relx Plc has a 1-year low of GBX 1,991 and a 1-year high of GBX 4,183. The business has a 50 day simple moving average of GBX 2,825.86 and a two-hundred day simple moving average of GBX 3,189.36. The stock has a market capitalization of £40.35 billion, a PE ratio of 21.54, a P/E/G ratio of 2.69 and a beta of 0.48.

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Royal Bank Of Canada restated an “overweight” rating on shares of Relx in a report on Tuesday, October 21st. Citigroup started coverage on Relx in a research note on Monday, January 12th. They set a “neutral” rating and a GBX 3,178 price objective on the stock. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 5,070 price objective on shares of Relx in a research note on Friday, January 16th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 4,222.50.

About Relx

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.