UBS Sticks to Their Hold Rating for RELX plc (RLXXF)

By Ryan Adsit

UBS analyst Adam Berlin maintained a Hold rating on RELX plc (RLXXFResearch Report) on October 22 and set a price target of £16.60. The company’s shares closed last Friday at $21.50.

According to TipRanks.com, Berlin is ranked #6195 out of 7028 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RELX plc with a $24.60 average price target.

See today’s analyst top recommended stocks >>

RELX plc’s market cap is currently $41.54B and has a P/E ratio of 24.80. The company has a Price to Book ratio of -3.33.

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.