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Relx (RELX) Stock Forecast & Price Target

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$46.75 +0.99 (+2.16%)
(As of 11/22/2024 ET)

Relx - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
1

Based on 2 Wall Street analysts who have issued ratings for Relx in the last 12 months, the stock has a consensus rating of "Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a strong buy rating for RELX.

Consensus Price Target

N/A

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RELX Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
Consensus Rating
Buy
Buy
Moderate Buy
Moderate Buy

RELX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RELX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Relx Stock vs. The Competition

TypeRelxComputer and Technology CompaniesS&P 500
Consensus Rating Score
3.00
2.67
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted UpsideN/A543.36% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent RELX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/17/2024Citigroup
3 of 5 stars
T. Singlehurst
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UpgradeStrong-Buy
3/1/2024Berenberg Bank
2 of 5 stars
 DowngradeBuy ➝ Hold
10/3/2023The Goldman Sachs Group
2 of 5 stars
 UpgradeNeutral ➝ Buy
10/2/2023Barclays
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 Boost TargetGBX 2,770 ➝ GBX 2,860
9/13/2023JPMorgan Chase & Co.
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 Boost TargetGBX 3,100 ➝ GBX 3,170
9/12/2023Bank of America
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 Boost TargetGBX 3,080 ➝ GBX 3,200
9/8/2023Credit Suisse Group
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 Boost TargetGBX 2,915 ➝ GBX 3,000
9/5/2023Investec
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 UpgradeHold ➝ Buy
7/28/2023Morgan Stanley
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 Boost TargetGBX 2,930 ➝ GBX 2,960
7/28/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetGBX 2,100 ➝ GBX 2,200

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:53 AM ET.


Should I Buy Relx Stock? RELX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these Relx pros and cons to contact@marketbeat.com.

Relx
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Relx Plc:

  • Recent institutional interest has surged, with CWA Asset Management Group LLC acquiring 11,540 shares valued at approximately $548,000, indicating confidence in the company's future performance.
  • Crossmark Global Holdings Inc. increased its stake by 56.4%, now holding 264,109 shares worth $12,535,000, suggesting strong institutional backing and potential for growth.
  • Analysts have recently upgraded Relx to a "strong-buy" rating, reflecting positive sentiment and expectations for the company's stock performance.
  • The current stock price is $46.59, which is near its 52-week high of $48.91, indicating strong market performance and investor interest.
  • Relx Plc operates in diverse segments including Risk, Scientific, Technical & Medical, Legal, and Exhibitions, providing a broad revenue base and reducing dependency on any single market.

Relx
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Relx Plc for these reasons:

  • Despite recent gains, the stock has experienced fluctuations, with a 12-month low of $36.04, indicating potential volatility that could concern risk-averse investors.
  • Only 15.02% of the stock is currently owned by institutional investors and hedge funds, which may suggest a lack of widespread confidence among larger investment entities.
  • The stock's trading volume has been below its average, which could indicate reduced investor interest or liquidity issues, potentially affecting price stability.
  • Recent analyst coverage has included mixed ratings, with some firms setting a "hold" rating, suggesting caution among certain analysts regarding future performance.
  • Relx Plc operates in competitive sectors, and any significant changes in market conditions or regulatory environments could adversely impact its business operations and profitability.

RELX Forecast - Frequently Asked Questions

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Relx in the last year. There is currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RELX shares.

According to analysts, Relx's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Over the previous 90 days, Relx's stock had 1 upgrade by analysts.

Relx has been rated by research analysts at Citigroup in the past 90 days.

Analysts like Relx more than other "computer and technology" companies. The consensus rating for Relx is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how RELX compares to other companies.


This page (NYSE:RELX) was last updated on 11/23/2024 by MarketBeat.com Staff
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