Relx PLC 32.7% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Relx PLC using EPIC/TICKER code (LON:REL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Relx PLC are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 2167 GBX on its stock. This now indicates the analyst believes there is a possible upside of 32.7% from the opening price of 1632.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.5 points and increased 128.5 points respectively. The 52 week high for the stock is 1750.58 GBX while the 52 week low for the stock is 1399 GBX.

Relx PLC has a 50 day moving average of 1,625.86 GBX and a 200 Day Moving Average share price is recorded at 1,626.50. There are currently 1,967,720,326 shares in issue with the average daily volume traded being 4,402,906. Market capitalisation for LON:REL is £31,999,972,680 GBP.

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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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