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RELX plc ( (GB:REL) ) has issued an update.
RELX plc has applied for a block listing of 48,000 ordinary shares on the London Stock Exchange in relation to its 2013 SAYE Share Option Scheme. The shares are expected to be admitted on June 23, 2025, and will rank equally with existing shares, potentially impacting the company’s market presence and shareholder value.
The most recent analyst rating on (GB:REL) stock is a Buy with a £42.75 price target. To see the full list of analyst forecasts on RELX plc stock, see the GB:REL Stock Forecast page.
Spark’s Take on GB:REL Stock
According to Spark, TipRanks’ AI Analyst, GB:REL is a Outperform.
RELX plc scores highly due to its robust financial performance and positive earnings call sentiment, bolstered by strategic initiatives like share buybacks. Technical indicators suggest short-term bearishness, and a high P/E ratio indicates potential overvaluation, slightly tempering the overall outlook.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
RELX plc operates in the information and analytics industry, providing data-driven insights and analytics solutions across various sectors, including scientific, technical, medical, legal, and business domains. The company focuses on leveraging technology to enhance decision-making and efficiency for its clients.
Average Trading Volume: 3,937,835
Technical Sentiment Signal: Buy
Current Market Cap: £72.38B
See more data about REL stock on TipRanks’ Stock Analysis page.
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