Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRelx Share News (REL)

Share Price Information for Relx (REL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3,639.00
Bid: 3,641.00
Ask: 3,643.00
Change: -15.00 (-0.41%)
Spread: 2.00 (0.055%)
Open: 3,664.00
High: 3,675.00
Low: 3,634.00
Prev. Close: 3,654.00
REL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Macquarie downgrades RELX to 'underperform'

Wed, 21st Sep 2016 09:59

(ShareCast News) - Anglo-Dutch publisher RELX Group, formerly known as Reed Elsevier, was under the cosh on Wednesday after Macquarie downgraded the stock to 'underperform'The bank said it was difficult to improve operating performance further and the stock is already trading at a 20%-30% premium to its closest peers. "We argue it is time for a transformational deal, but that will likely raise RELX's risk profile," it said.It pointed out that RELX's underlying bottom line growth is slowing. The 8% adjusted earnings per share growth achieved since 2010 relied on a three percentage point contribution from margin improvement, which is not in the cards anymore, the bank said."We forecast an increase to £800-900m buyback in 2017-2020 (was £500m in 2015 and £700m in 2016E), but that leaves no room for error, while the valuation looks full, especially for the UK line."Macquarie recommended switching to outperform-rated Wolters Kluwer, which it said was under-priced in the short term."Among professional publishers, our top pick is Wolters Kluwer, which offers better progression on organic revenue growth and more room for margin improvement, at more than 20% lower multiple."At 1010 BST, RELX shares were down 1.3% to 1,449p.
More News
16 Feb 2023 07:27

Relx posts solid growth in revenue, profit

(Sharecast News) - Global provider of information-based analytics and decision tools Relx reported a significant increase in revenue and adjusted operating profit in its 2022 results on Thursday, as well as continued growth in earnings per share.

Read more
9 Feb 2023 15:47

UK earnings, trading statements calendar - next 7 days

Friday 10 February 
Ince Group PLCFull Year Results (TBC)
Lancashire Holdings LtdFull Year Results
S&U PLCTrading Statement
Victrex PLCTrading Statement
Monday 13 February 
no events scheduled 
Tuesday 14 February 
Carr's Group PLCFull Year Results
Coca-Cola HBC AGFull Year Results
Plus500 LtdFull Year Results
Tui AGQ1 Results
UP Global Sourcing Holdings PLCTrading Statement
Wednesday 15 February 
Barclays PLCFull Year Results
Brunner Investment Trust PLCFull Year Results
Dunelm Group PLCHalf Year Results
Equipmake Holdings PLCHalf Year Results
Glencore PLCFull Year Results
Hargreaves Lansdown PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Thursday 16 February 
Centrica PLCFull Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Indivior PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Moneysupermarket.com Group PLCFull Year Results
Relx PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
South32 LtdHalf Year Results
Standard Chartered PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
31 Jan 2023 09:26

LONDON BROKER RATINGS: Barclays cuts Relx; Jefferies raises Team17

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
31 Jan 2023 07:54

LONDON BRIEFING: Pets at Home raises guidance; IMF cuts UK GDP outlook

(Alliance News) - Stocks in London were set to open lower on Tuesday, following a forecast by the International Monetary Fund warning the UK economy will shrink this year, despite growth elsewhere.

Read more
19 Jan 2023 09:38

LONDON BROKER RATINGS: Goldman Sachs cuts Relx but raises WPP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
19 Jan 2023 07:53

LONDON BRIEFING: BHP says China to be "stabilising force" on demand

(Alliance News) - As market optimism faded that aggressive interest rate hikes by the world's central banks may soon come to an end, stocks in London were called to open lower on Thursday.

Read more
10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
19 Dec 2022 09:40

LONDON BROKER RATINGS: JPMorgan cuts Marks & Spencer to 'underweight'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
12 Dec 2022 09:34

LONDON BROKER RATINGS: Jefferies raises John Wood to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
9 Dec 2022 09:24

TOP NEWS: Relx completes share buyback; plans for further repurchases

(Alliance News) - Relx PLC on Friday it has completed its GBP500 million share buyback programme for 2022, and it plans to further repurchase its ordinary shares at the beginning of 2023.

Read more
8 Dec 2022 09:19

TOP NEWS: Hargreaves Lansdown names Dunnhumby's Dan Olley as CEO

(Alliance News) - Hargreaves Lansdown PLC on Thursday said it appointed Dan Olley, the chief executive officer of customer data science firm Dunnhumby Ltd, as its CEO and executive director.

Read more
1 Nov 2022 14:17

Thomson Reuters keeps outlook, but wary of slowing economy

Q3 adjusted EPS 57 cents vs forecast 50 cents

*

Read more
1 Nov 2022 10:39

Thomson Reuters reports higher Q3 sales, operating profit

NEW YORK, Nov 1 (Reuters) - Thomson Reuters Corp reported higher third-quarter revenue and operating profit on Tuesday, helped by gains in its three biggest divisions, and stuck to its forecasts for this year and next.

Read more
24 Oct 2022 10:12

LONDON BROKER RATINGS: HSBC raises BP, Land Securities, British Land

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

Read more
20 Oct 2022 11:16

TOP NEWS: Relx expects more growth as boosted by face-to-face activity

(Alliance News) - Relx PLC on Thursday revealed an improved year-to-date performance across all units, with business at its Exhibitions unit surging due to more people visiting its venues.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.