Latest news with #O'Shea
Business Insider
2 hours ago
- Business
- Business Insider
RELX plc (RLXXF) Receives a Hold from Kepler Capital
Kepler Capital analyst Conor O'Shea maintained a Hold rating on RELX plc (RLXXF – Research Report) on June 26 and set a price target of p4,060.00. The company's shares closed yesterday at $53.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, O'Shea is a 4-star analyst with an average return of 8.0% and a 55.40% success rate. O'Shea covers the Communication Services sector, focusing on stocks such as Ipsos SA, Publicis Groupe, and Informa. The word on The Street in general, suggests a Strong Buy analyst consensus rating for RELX plc with a $62.26 average price target. RLXXF market cap is currently $97.5B and has a P/E ratio of 39.86. Based on the recent corporate insider activity of 16 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.
Leader Live
20 hours ago
- Business
- Leader Live
Centrica preparing to take 15% stake in Sizewell C nuclear plant, reports say
The boss of the Windsor-based energy group earlier this year said he was 'hopeful' of striking a deal to invest in the facility. The investment would mean Centrica has about the same size stake in Sizewell C as French energy giant EDF, the Financial Times reported on Friday. EDF, which owns and runs Britain's nuclear facilities, and the Government were the first backers of the project. But they have been trying to raise billions more from prospective investors, including Centrica. A spokeswoman for Centrica said it would not comment on speculation about acquisitions or investment. In February, chief executive Chris O'Shea said the group was in discussions over injecting cash in the new Suffolk-based nuclear plant, with aims to secure a deal in the first half of this year. He said: 'I like nuclear. I'm really hopeful we can make progress with Sizewell C this year.' But he said it 'all depends on the overall cost of the project and returns'. Mr O'Shea declined to give details on the size of stake Centrica was looking to take in the group, except to say it would be 'between 1% or 2% and 50%'. Chancellor Rachel Reeves earlier this month said £14.2 billion will be invested to build the power plant, marking the end of a long journey to secure funding for the project since it was first earmarked in 2010. Sizewell C will power the equivalent of six million homes and is planned to be operation in the 2030s, and is expected to create 10,000 jobs, the Government said. The Financial Times reported that all sides were hopeful of reaching a final investment decision on the project before Parliament breaks for recess on July 21, citing sources familiar with the discussions.
North Wales Chronicle
a day ago
- Business
- North Wales Chronicle
Centrica preparing to take 15% stake in Sizewell C nuclear plant, reports say
The boss of the Windsor-based energy group earlier this year said he was 'hopeful' of striking a deal to invest in the facility. The investment would mean Centrica has about the same size stake in Sizewell C as French energy giant EDF, the Financial Times reported on Friday. EDF, which owns and runs Britain's nuclear facilities, and the Government were the first backers of the project. But they have been trying to raise billions more from prospective investors, including Centrica. A spokeswoman for Centrica said it would not comment on speculation about acquisitions or investment. In February, chief executive Chris O'Shea said the group was in discussions over injecting cash in the new Suffolk-based nuclear plant, with aims to secure a deal in the first half of this year. He said: 'I like nuclear. I'm really hopeful we can make progress with Sizewell C this year.' But he said it 'all depends on the overall cost of the project and returns'. Mr O'Shea declined to give details on the size of stake Centrica was looking to take in the group, except to say it would be 'between 1% or 2% and 50%'. Chancellor Rachel Reeves earlier this month said £14.2 billion will be invested to build the power plant, marking the end of a long journey to secure funding for the project since it was first earmarked in 2010. Sizewell C will power the equivalent of six million homes and is planned to be operation in the 2030s, and is expected to create 10,000 jobs, the Government said. The Financial Times reported that all sides were hopeful of reaching a final investment decision on the project before Parliament breaks for recess on July 21, citing sources familiar with the discussions.
Rhyl Journal
a day ago
- Business
- Rhyl Journal
Centrica preparing to take 15% stake in Sizewell C nuclear plant, reports say
The boss of the Windsor-based energy group earlier this year said he was 'hopeful' of striking a deal to invest in the facility. The investment would mean Centrica has about the same size stake in Sizewell C as French energy giant EDF, the Financial Times reported on Friday. EDF, which owns and runs Britain's nuclear facilities, and the Government were the first backers of the project. But they have been trying to raise billions more from prospective investors, including Centrica. A spokeswoman for Centrica said it would not comment on speculation about acquisitions or investment. In February, chief executive Chris O'Shea said the group was in discussions over injecting cash in the new Suffolk-based nuclear plant, with aims to secure a deal in the first half of this year. He said: 'I like nuclear. I'm really hopeful we can make progress with Sizewell C this year.' But he said it 'all depends on the overall cost of the project and returns'. Mr O'Shea declined to give details on the size of stake Centrica was looking to take in the group, except to say it would be 'between 1% or 2% and 50%'. Chancellor Rachel Reeves earlier this month said £14.2 billion will be invested to build the power plant, marking the end of a long journey to secure funding for the project since it was first earmarked in 2010. Sizewell C will power the equivalent of six million homes and is planned to be operation in the 2030s, and is expected to create 10,000 jobs, the Government said. The Financial Times reported that all sides were hopeful of reaching a final investment decision on the project before Parliament breaks for recess on July 21, citing sources familiar with the discussions.
South Wales Argus
a day ago
- Business
- South Wales Argus
Centrica preparing to take 15% stake in Sizewell C nuclear plant, reports say
The boss of the Windsor-based energy group earlier this year said he was 'hopeful' of striking a deal to invest in the facility. The investment would mean Centrica has about the same size stake in Sizewell C as French energy giant EDF, the Financial Times reported on Friday. EDF, which owns and runs Britain's nuclear facilities, and the Government were the first backers of the project. British Gas owner Centrica is said to be in discussions over securing investment in Sizewell C (Alamy/PA) But they have been trying to raise billions more from prospective investors, including Centrica. A spokeswoman for Centrica said it would not comment on speculation about acquisitions or investment. In February, chief executive Chris O'Shea said the group was in discussions over injecting cash in the new Suffolk-based nuclear plant, with aims to secure a deal in the first half of this year. He said: 'I like nuclear. I'm really hopeful we can make progress with Sizewell C this year.' But he said it 'all depends on the overall cost of the project and returns'. Mr O'Shea declined to give details on the size of stake Centrica was looking to take in the group, except to say it would be 'between 1% or 2% and 50%'. Chancellor Rachel Reeves earlier this month said £14.2 billion will be invested to build the power plant, marking the end of a long journey to secure funding for the project since it was first earmarked in 2010. Sizewell C will power the equivalent of six million homes and is planned to be operation in the 2030s, and is expected to create 10,000 jobs, the Government said. The Financial Times reported that all sides were hopeful of reaching a final investment decision on the project before Parliament breaks for recess on July 21, citing sources familiar with the discussions.
