Analyst Ratings for RELX N.V. ADR (RENX)Updated: 2017-07-27
Shares of RELX N.V. ADR (NYSE:RENX) have received a consensus rating of Overweight from Wall Street analysts. Last month, RENX received an average rating of Overweight.
A buy rating was issued by 9 analysts, 1 gave an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for RENX. The maximum price target given was 23.54, which equates to a potential upside of 11.99 percent. The most pessimistic price target was 14.54, implying potential capital losses of -30.83 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.46 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.48 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of RENX's earnings is estimated by analysts to be 39.33 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of RENX is 0.71.
RENX has traded between a high of 21.19 and a low of 14.92 over the past year. The current market price is above the trailing year's low by 40.88 percent, and below the high by 0.8 percent. RENX has a P/E ratio of 28.02. Investors typically compare the P/E ratio to a company's peers in the industry. The RENX value stock report compares RENX to some of its peers using value stock charts. The stock has a market capitalization of $20.92 billion. RENX's next earnings release will be on 0000-00-00, which is days away.