- RELX’s revenue for the first half of 2024 was GBP 4.64 billion.
- This revenue figure was below the estimated GBP 4.73 billion.
- RELX is a global provider of information-based analytics and decision tools.
- The company reaffirmed its full-year outlook for 2024 despite the revenue miss.
- RELX attributes its long-term growth to a shift towards higher growth analytics and decision tools.
- The company believes this shift delivers enhanced value to customers across different market segments.
- Analysts’ current recommendations include 10 buys, 6 holds, and 0 sells for RELX.
RELX PLC on Smartkarma
Analysts on Smartkarma, like Baptista Research, are closely following RELX PLC, a multinational information and analytics company. In their recent report titled “RELX PLC: Strong Reception to New Product Launches & 5 Other Factors Driving Growth in 2024!”, they highlighted the company’s stellar financial performance in 2023. RELX reported an 8% growth in underlying revenue and a 13% increase in adjusted operating profit. Moreover, they proposed an 8% hike in the full-year dividend in pound sterling. The analysts are optimistic about the company’s growth trajectory based on this data.
A look at RELX PLC Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 2 | |
Growth | 4 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysing RELX PLC using the Smartkarma Smart Scores, the company shows a promising long-term outlook with strong scores in Growth and Momentum. With a score of 4 in Growth, RELX PLC demonstrates potential for future expansion and development within its industry. Additionally, a Momentum score of 4 indicates the company’s ability to sustain its positive market performance over time. While the scores for Value, Dividend, and Resilience are somewhat moderate, the high scores in Growth and Momentum suggest a bright outlook for RELX PLC‘s future growth and market presence.
Relx PLC, a provider of information solutions catering to professional customers across various sectors, including scientific, medical, legal, and business industries, operates on a global scale. Dually-listed alongside REN NA, the company’s Smartkarma Smart Scores highlight its strengths in Growth and Momentum, pointing towards a positive trajectory for RELX PLC in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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