J.P. Morgan Reaffirms Their Buy Rating on RELX plc (RLXXF)
In a report released on April 24, Daniel Kerven from J.P. Morgan maintained a Buy rating on RELX plc (RLXXF – Research Report), with a price target of p4,630.00. The company's shares closed yesterday at $54.16.
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According to TipRanks, Kerven is a 5-star analyst with an average return of 9.2% and a 57.70% success rate.
In addition to J.P. Morgan, RELX plc also received a Buy from Bank of America Securities's David Amiras in a report issued on April 24. However, yesterday, Deutsche Bank maintained a Hold rating on RELX plc (Other OTC: RLXXF).
RLXXF market cap is currently $98.1B and has a P/E ratio of 39.98.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RLXXF in relation to earlier this year.
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