RELX ORD 14 51/116P – Consensus Indicates Potential -18.4% Downside

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RELX ORD 14 51/116P with EPIC code (LON:REL) now have 16 analysts in total covering the company. The range between the high target price and low target price is between £20.50 and £11.5 meaning the average target price is £17.39. Given that the previous closing share price was at £21.31 this is indicating there is a potential downside of -18.4%. The 50 day moving average now sits at £20.00 while the 200 day moving average is £18.76. The market capitalisation for the company is £42b. Visit the company website at: http://www.relx.com

RELX provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Scientific, Technical & Medical; Risk; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics that help institutions and professionals to progress in science and advance healthcare. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk. The Legal segment provides legal, regulatory, and business information and analytics that help customers in decision-making, as well as enhance the productivity. The Exhibitions segment is involved in the events business. The company was formerly known as Reed Elsevier and changed its name to RELX in July 2015. The company was incorporated in 1903 and is headquartered in London, the United Kingdom.

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    RELX plc (LON:REL) reports 7% revenue growth for the first nine months of 2024, with strong forecasts for continued profit and earnings growth across segments.

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