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Tuesday, March 21, 2023

What Are The Chances Of RELX PLC (NYSE: RELX) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for RELX PLC (RELX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.57, or -1.86%, to $30.15. The RELX PLC has recorded 2,981 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that LexisNexis Insurance Demand Meter Registers as “Nuclear” for New Policy Growth and “Hot” for Shopping in Q4 2022.


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Stocks Info

As a NYSE listed company, RELX falls under the Industrials sector while operating within the Specialty Business Services industry segment. At the end of the last regular session, the stock closed at $30.72 and fluctuated between $30.73 as its day high and $30.33 as its day low. The current market capitalization of RELX PLC is $58.52B. A total of 0.82 million shares were traded on the day, compared to an average of 778.95K shares.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. RELX PLC pays an annual dividend of $0.62, resulting in a dividend yield of 2.03%, and it has a price to earnings (P/E) ratio of 30.36. RELX’s most recent ex-dividend date was 4/27/2023 when it declared a $0.4660 quarterly dividend that was paid in cash on 6/12/2023. Previously, the company paid the dividend on 9/13/2022 with an ex-dividend date of 8/4/2022. The RELX stock dividend was $0.4443 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RELX in the last 3 months, the mean price target is $35.50 with high estimates of $35.50 and low estimates of $35.50. In terms of 52-week highs and lows, RELX has a high of $32.24 and a low of $23.39.

As of this writing, RELX has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RELX is Buy with a score of 4.00. A total of 2 analysts rated the stock as Buy while 1 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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