Fintel reports that on January 8, 2025, Redburn Atlantic initiated coverage of RELX PLC - Depositary Receipt () (NYSE:RELX) with a Buy recommendation.
Analyst Price Forecast Suggests 9.74% Upside
As of December 23, 2024, the average one-year price target for RELX PLC - Depositary Receipt () is $51.32/share. The forecasts range from a low of $44.49 to a high of $69.73. The average price target represents an increase of 9.74% from its latest reported closing price of $46.77 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for RELX PLC - Depositary Receipt () is 10,205MM, an increase of 9.70%. The projected annual non-GAAP EPS is 1.35.
What is the Fund Sentiment?
There are 528 funds or institutions reporting positions in RELX PLC - Depositary Receipt (). This is an increase of 19 owner(s) or 3.73% in the last quarter. Average portfolio weight of all funds dedicated to RELX is 0.18%, an increase of 5.31%. Total shares owned by institutions increased in the last three months by 1.53% to 81,248K shares. 
The put/call ratio of RELX is 0.13, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital International Investors holds 6,496K shares. In its prior filing, the firm reported owning 6,464K shares , representing an increase of 0.50%. The firm decreased its portfolio allocation in RELX by 3.32% over the last quarter.
Bank Of America holds 5,993K shares. In its prior filing, the firm reported owning 6,079K shares , representing a decrease of 1.42%. The firm decreased its portfolio allocation in RELX by 75.93% over the last quarter.
Lazard Asset Management holds 4,176K shares. In its prior filing, the firm reported owning 4,245K shares , representing a decrease of 1.66%. The firm increased its portfolio allocation in RELX by 8.47% over the last quarter.
Goldman Sachs Group holds 3,784K shares. In its prior filing, the firm reported owning 3,897K shares , representing a decrease of 2.99%. The firm decreased its portfolio allocation in RELX by 75.91% over the last quarter.
Clearbridge Investments holds 2,233K shares. In its prior filing, the firm reported owning 2,260K shares , representing a decrease of 1.23%. The firm decreased its portfolio allocation in RELX by 1.55% over the last quarter.
RELX Background Information
(This description is provided by the company.)
RELX plc is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; decision-making tools; and organise exhibitions.
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