Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
RELX plc ( (GB:REL) ) has shared an update.
RELX plc has applied for a block listing of 48,000 ordinary shares in connection with its 2013 SAYE Share Option Scheme, which will be traded on the London Stock Exchange and admitted to the FCA’s Official List. This move is expected to enhance the company’s share liquidity and provide additional options for employee investment, potentially strengthening its market position and stakeholder engagement.
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’s strong financial performance and positive earnings call results are the main drivers of its score. The company’s strategic shift towards digital and analytics solutions is promising. However, technical indicators and a high P/E ratio reflect some market caution, which tempers the overall score.
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 solutions primarily through its various business segments, including scientific, technical, and medical, legal, and risk and business analytics. The company focuses on delivering content and technology solutions to professional and business customers worldwide.
Average Trading Volume: 2,746,443
Technical Sentiment Signal: Buy
Current Market Cap: £69.76B
Learn more about REL stock on TipRanks’ Stock Analysis page.