Relx PLC 6.8% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Relx PLC with EPIC/TICKER (LON:REL) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Relx PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 1729 GBX on its stock. This indicates the analyst now believes there is a potential upside of 6.8% from today’s opening price of 1619 GBX. Over the last 30 and 90 trading days the company share price has decreased 94 points and decreased 47.5 points respectively. The 52 week high for the share price is currently at 1781.5 GBX while the 52 week low for the stock is 1423.5 GBX.

Relx PLC has a 50 day moving average of 1,686.19 GBX and a 200 day moving average of 1,649.65. There are currently 1,962,499,583 shares in issue with the average daily volume traded being 4,257,605. Market capitalisation for LON:REL is £32,044,358,825 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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