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.
Several price targets were given for RENX by the analysts covering the stock. The most optimistic analyst gave a price target of 23.54, which equates to a potential upside of 11.99 percent. The lowest price target was 14.54, implying potential capital losses of -30.83 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
RENX has an estimated earnings growth rate of 39.33 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. RENX has a PEG ratio of 0.71.
RENX has a 52-week high of 21.19 and a 52-week low of 14.92. The current market price is above the trailing year's low by 40.88 percent, and 0.8 percent below the high. 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 market cap of RENX is $20.92 billion. RENX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.