RELX – Stock Analysis & News (2024-04-01)

The current price of RELX PLC stock is 43.4, with a weekly forecast of +1.3% and a monthly forecast of +5.8%. Stock AI predicts a positive short-term outlook and a slightly bearish long-term forecast.

🔴 RELX GROUP: DCF upgrade by 17.8%
LPL Financial LLC increased its position in Relx Plc by 18.7% in the third quarter, leading to a positive sentiment towards the stock. This news could potentially drive the price higher in the short term.

🔴 Profund Advisors LLC decreased its position in Relx Plc by 5.6% in the third quarter. This could indicate some selling pressure on the stock, possibly leading to a slight dip in the price.

🟢 Shares of Relx Plc crossed above its 200-day moving average, which is a bullish signal for technical traders. This could attract more buyers and push the price higher.

🔴 Dfpg Investments LLC increased its position in Relx Plc by 7.5% in the fourth quarter. This could provide some support to the stock price and prevent any significant downturn.

🔴 Advisors Asset Management Inc. reduced its holdings in Relx Plc by 6.9% in the third quarter. This selling pressure could potentially lead to a short-term price decrease.

Overall, the recent news surrounding RELX PLC stock is mixed, with some positive developments such as the DCF upgrade and increased positions by certain institutions. However, there are also some concerns with decreased positions by other firms. The overall sentiment seems to be leaning towards a positive outlook, with the potential for a slight price increase in the short term. Investors should keep an eye on any further developments to make informed decisions about their positions.

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