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 on Friday, February 13th. The stock was sold at an average price of GBX 2,257, for a total transaction of £2,528,088.27.

Relx Stock Down 1.4%

Shares of LON:REL opened at GBX 2,194 on Thursday. The stock has a market capitalization of £39.75 billion, a P/E ratio of 21.22, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The stock’s 50-day moving average price is GBX 2,794.63 and its 200-day moving average price is GBX 3,170.70. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. Relx Plc has a 12-month low of GBX 1,991 and a 12-month high of GBX 4,183.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on REL shares. Citigroup assumed coverage on shares of Relx in a research note on Monday, January 12th. They issued a “neutral” rating and a GBX 3,178 target price on the stock. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 5,070 price objective 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 given a Hold rating to the company. According to MarketBeat, Relx has a consensus 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.