UBS Reaffirms Their Hold Rating on RELX plc (RLXXF)

By Ryan Adsit

UBS analyst Adam Berlin maintained a Hold rating on RELX plc (RLXXFResearch Report) on January 21 and set a price target of £16.60. The company’s shares closed last Friday at $25.75, close to its 52-week high of $27.40.

According to TipRanks.com, Berlin is ranked #5879 out of 7252 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RELX plc with a $26.96 average price target, implying a 4.7% upside from current levels. In a report issued on January 11, Berenberg Bank also maintained a Hold rating on the stock with a £18.16 price target.

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The company has a one-year high of $27.40 and a one-year low of $0. Currently, RELX plc has an average volume of 6,098.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying 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.