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.
RENX was given price targets by several analysts. The most optimistic price target was 23.54, implying potential capital gains of 11.99 percent. The most pessimistic price target was 14.54, implying a possible loss of -30.83 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.46 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.48 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
RENX has an estimated earnings growth rate of 39.33 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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.
In the trailing 52-weeks, RENX hit 21.19 at the highest peak, while it's lowest trading point was 14.92. Currently the stock is 40.88 percent higher than its low, and 0.8 percent below the high. RENX has a price/earnings 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.