RELX PLC (NYSE: RELX) is a global provider of information-based analytics and decision tools, serving various industries including science, legal, risk, and healthcare. Headquartered in London, it operates through four key segments: Scientific, Technical & Medical, Risk, Legal, and Exhibitions.
Key Takeaways:
- We forecast strong and steady price appreciation for RELX stock over the coming decades, driven by the company’s leading market positions, recurring revenue streams, and opportunities for growth.
- Our projections show the stock price to reach over $1200 by 2050.
- RELX’s focus on high-value data analytics and decision tools serving essential customer needs positions it well for sustainable growth and resilience across economic cycles.
Overview of RELX PLC
RELX PLC, a leading British information and analytics company, emerged from the 1993 merger of Reed International and Elsevier. Initially focused on publishing and information services in scientific and medical domains, the company has since expanded its reach. Based in London, RELX now serves a global clientele across 40 countries, with customers in over 180 nations.
In 2015, Reed Elsevier rebranded as RELX, signaling its diversification beyond traditional publishing. The company’s portfolio now includes scientific research under Elsevier, legal information via LexisNexis, and risk management services.
RELX’s evolution reflects the broader transformation of the information services industry. As it expanded globally, RELX began competing with other information giants in various sectors. For instance, while RELX focuses on scientific, legal, and risk analytics, Thomson Reuters specializes in news and financial information. The Thomson Reuters stock prediction offers insights into similar industry trends of digital transformation and growing demand for specialized data services.
RELX PLC Company Profile
| Country | United Kingdom |
| Ticker Symbol | RELX |
| Exchange | NYSE |
| Founded | August 1993 |
| IPO Date | 1994 |
| Industry | Information and Analytics |
| Sector | Communication Service |
| Employees | 36,500 |
| CEO | Erik Engstrom |
| Market Cap (May 3, 2024) | $79.33 billion |
| Website | RELX |
RELX PLC (RELX) Balance Sheet Analysis
RELX PLC (NYSE: RELX) released its annual balance sheet for the fiscal year ending December 31, 2023, with total assets amounting to $14.92 billion, a slight decrease from the previous year’s $15.83 billion. Total liabilities, net of minority interest, stood at $11.48 billion, compared to $12.08 billion in 2022, contributing to a stronger financial stance for the company.
The company’s total capitalization reached $8.56 billion in 2023, a significant decrease from the $9.52 billion reported in 2022. Working capital was negative $2.62 billion, a decline from the negative $2.12 billion in 2022, while invested capital decreased to $9.82 billion from $10.32 billion in the previous year.
RELX PLC’s tangible book value was negative $7.80 billion, an improvement from the negative $8.14 billion reported in 2022. Total debt decreased to $6.50 billion from $6.73 billion in the previous year, while net debt stood at $6.20 billion, a slight decrease from $6.21 billion in 2022.
Despite decreases in various financial metrics, RELX PLC has managed to reduce its liabilities and improve its net tangible assets, positioning itself for future growth and success in challenging market conditions.
Balance Sheet Data Source: yahoo.finance
RELX PLC Stock Price History
RELX PLC (NYSE: RELX) had its IPO in the year 1994. RELX (RELX) has undergone one stock split in its history. On July 1, 2015, the company executed a 4:1 split, meaning one pre-split share became four shares post-split.1
As of August 23, 2024, the stock price is at $46.24.
RELX Stock Price Forecast 2024
Our average price target of $44.00 implies a 6.8% increase from the current price of $41.19. Key drivers include steady organic growth in RELX’s core businesses, ongoing operational efficiencies, and accretive bolt-on acquisitions. Risks to monitor include currency headwinds and uncertainty around the pandemic recovery.
| Year | Low Price | Average Price | High Price |
| 2024 | $39.50 | $44.00 | $48.50 |
RELX Stock Price Forecast 2025
Looking ahead to 2025, our analysis suggests continued positive momentum. The average 2025 price target of $50.60 represents a 15% increase from our 2024 average target and a 22.8% rise from the current price.
We expect RELX to benefit from a cyclical rebound in global corporate spending and further penetration of analytics and decision tools across its customer base. Margin expansion and cash flow growth should remain strong.
| Year | Low Price | Average Price | High Price |
| 2025 | $45.50 | $50.60 | $55.70 |
RELX Stock Price Forecast 2026
Our 2026 average price target of $58.40 implies a 15.4% annual increase from 2025 and a 41.7% total return from the current level. Key assumptions include a stable macroeconomic backdrop, continued market share gains, and the successful integration of strategic acquisitions. Potential headwinds could include increased competition and changes in customer preferences.
| Year | Low Price | Average Price | High Price |
| 2026 | $52.50 | $58.40 | $64.30 |
RELX Stock Price Forecast 2027
We project an average price of $67.40 for 2027, representing a 15.4% increase from our 2026 target and a 63.5% total return over the current price. RELX’s leadership in high-growth markets such as risk analytics, legal tech, and e-commerce should continue to drive above-market revenue and earnings growth. Shareholder returns will likely be further boosted by dividend growth and opportunistic share repurchases.
| Year | Low Price | Average Price | High Price |
| 2027 | $60.50 | $67.40 | $74.30 |
RELX Stock Price Forecast 2028
The average price target of $77.70 for 2028 implies a 15.3% annual increase from 2027 and an 88.6% cumulative return from the current price. We expect RELX to continue gaining market share across its segments while expanding into adjacent opportunities and geographies. The company’s strong cash generation should support further investments in innovation and strategic M&A.
| Year | Low Price | Average Price | High Price |
| 2028 | $69.70 | $77.70 | $85.70 |
RELX Stock Price Forecast 2029
Our 2029 average price target of $89.60 represents a 15.3% rise from the prior year and a 117.5% total return from today’s price. RELX’s entrenched market positions, sticky customer relationships, and pricing power should help sustain robust growth even in a more challenging macro environment. Ongoing operational efficiencies and scalable tech platforms provide opportunities for margin expansion.
| Year | Low Price | Average Price | High Price |
| 2029 | $80.30 | $89.60 | $98.90 |
RELX Stock Price Forecast 2030
We estimate an average 2030 price of $103.30, implying a 15.3% annual increase from 2029 and a 150.8% total return from the current price. RELX’s deep customer relationships and value-added solutions should help maintain high retention rates and support cross-selling opportunities. The company is well-positioned to benefit from secular growth trends in areas such as fraud prevention, legal analytics, and predictive risk management.
RELX’s deep customer relationships and value-added solutions should help maintain high retention rates and support cross-selling opportunities. The company is well-positioned to benefit from secular growth trends in areas such as fraud prevention, legal analytics, and predictive risk management. This focus on high-value analytics services is a common theme in the industry, as reflected in the Moody’s Corporation stock forecast, which similarly emphasizes the importance of risk assessment and analytics tools.
| Year | Low Price | Average Price | High Price |
| 2030 | $92.60 | $103.30 | $114.00 |
RELX Stock Price Forecast 2031
The average 2031 price target of $119.10 represents a 15.3% increase from our 2030 target and a 189.2% cumulative return from today’s price. We expect RELX’s durable competitive advantages and strong track record of execution to support continued market outperformance. The company’s robust balance sheet and cash flows provide flexibility to pursue growth investments and return cash to shareholders.
| Year | Low Price | Average Price | High Price |
| 2031 | $106.80 | $119.10 | $131.40 |
RELX Stock Price Forecast 2032
Our 2032 average price estimate of $137.30 implies a 15.3% increase from 2031 and a 233.3% total return over the current price. RELX’s leadership in data-driven analytics solutions positions it at the forefront of the growing knowledge economy. The company should continue to benefit from the network effects, economies of scale, and barriers to entry surrounding its core information assets and platforms.
| Year | Low Price | Average Price | High Price |
| 2032 | $123.10 | $137.30 | $151.50 |
RELX Stock Price Forecast 2033
We project a 2033 average price of $158.30, representing a 15.3% annual increase from 2032 and a 284.3% cumulative gain from the current level. RELX’s proven ability to innovate, adapt to changing customer needs, and drive operational excellence should help sustain its growth trajectory. The company is well-positioned to capitalize on emerging opportunities in areas such as ESG data, supply chain analytics, and AI-driven decision support.
| Year | Low Price | Average Price | High Price |
| 2033 | $141.90 | $158.30 | $174.70 |
RELX Stock Price Forecast 2034
Our average 2034 price target of $182.50 implies a 15.3% rise from the prior year and a 343.0% total return from today’s price. We expect RELX to continue leveraging its deep domain expertise, proprietary data assets, and innovative technologies to drive differentiated value for customers. The company’s global scale and diversification across industries provide both growth opportunities and resilience.
| Year | Low Price | Average Price | High Price |
| 2034 | $163.50 | $182.50 | $201.50 |
RELX Stock Price Forecast 2035
We estimate an average price of $210.40 for 2035, representing a 15.3% annual increase from 2034 and a 410.7% cumulative return from the current level. RELX’s long-term growth should be supported by its strong competitive positioning, customer-centric innovation, and disciplined capital allocation. The company’s scalable business model and high incremental margins provide significant operating leverage as revenues increase.
| Year | Low Price | Average Price | High Price |
| 2035 | $188.50 | $210.40 | $232.30 |
RELX Stock Price Forecast 2036
Our 2036 average price target of $242.60 implies a 15.3% rise from 2035 and a 488.8% total return over today’s price. We expect RELX to benefit from the growing global demand for data-driven insights and decision support across industries. The company’s trusted brands, customer relationships, and innovative culture provide a strong foundation for sustained growth and market leadership.
| Year | Low Price | Average Price | High Price |
| 2036 | $217.40 | $242.60 | $267.80 |
RELX Stock Price Forecast 2037
We project a 2037 average price of $279.70, representing a 15.3% increase from our 2036 forecast and a 578.8% cumulative gain from the current price. RELX’s focus on high-value data analytics and workflow solutions should continue to drive strong retention rates, upselling opportunities, and pricing power. The company’s robust cash generation supports ongoing investments in product development, go-to-market capabilities, and strategic acquisitions.
| Year | Low Price | Average Price | High Price |
| 2037 | $250.60 | $279.70 | $308.80 |
RELX Stock Price Forecast 2038
Our 2038 average price estimate of $322.50 implies a 15.3% annual increase from 2037 and a 682.8% total return from today’s level. We expect RELX to continue leveraging its deep domain expertise, proprietary data assets, and innovative technologies to provide mission-critical insights and solutions. The company’s diversified portfolio and global presence provide multiple avenues for growth and resilience across economic cycles.
| Year | Low Price | Average Price | High Price |
| 2038 | $289.00 | $322.50 | $356.00 |
RELX Stock Price Forecast 2039
We project an average 2039 price of $371.80, representing a 15.3% rise from the prior year and a 802.3% cumulative gain over the current price. RELX’s entrenched market positions, customer-centric innovation, and operational excellence should support continued growth and value creation. The company is well-positioned to benefit from long-term trends such as data proliferation, automation, and evidence-based decision-making across industries.
| Year | Low Price | Average Price | High Price |
| 2039 | $333.20 | $371.80 | $410.40 |
RELX Stock Price Forecast 2040
Our average price target of $428.60 for 2040 implies a 15.3% annual increase from 2039 and a 940.4% total return from today’s price. We expect RELX to continue expanding its addressable markets through organic innovation and strategic acquisitions. The company’s scalable platforms, network effects, and switching costs provide significant competitive advantages and opportunities for sustained profitable growth.
Looking at the broader industry, we anticipate a continued cyclical rebound in global corporate spending and further penetration of analytics and decision tools across various sectors. This aligns with trends seen in the S&P Global stock prediction, which also forecasts robust growth in the information and analytics sector.
| Year | Low Price | Average Price | High Price |
| 2040 | $384.20 | $428.60 | $473.00 |
RELX Stock Price Forecast 2050
For 2050, we estimate an average price target of $1200, representing a 14.6% compound annual growth rate and a staggering 2813% total return from the current level. While the range of potential outcomes naturally widens over such an extended time horizon, we believe RELX has the market position, business model, and growth prospects to deliver outstanding shareholder value over the long run. The company’s leadership in providing must-have data, analytics, and tools should become increasingly valuable as the world becomes more complex and knowledge-driven.
| Year | Low Price | Average Price | High Price |
| 2050 | $960.00 | $1200.00 | $1440.00 |
Conclusion
Through our comprehensive forecasts, we project a steady and robust rise in RELX’s stock price over the coming decades. The stock has the potential to appreciate to over $1200 by 2050, generating substantial returns for patient shareholders. Along the way, investors should also benefit from RELX’s attractive and growing dividend income stream.
FAQs
1. What is the future of RELX share price?
According to the forecast provided, RELX’s share price is expected to show strong and steady appreciation over the coming decades. The projections indicate a consistent upward trajectory, with the stock price potentially reaching over $1200 by 2050. This represents a significant increase from the current price of $46.24 as of August 23, 2024.
2. What is the RELX share prediction for 2030?
The forecast for RELX’s stock price in 2030 is as follows:
- Low Price: $92.60
- Average Price: $103.30
- High Price: $114.00
The average price target of $103.30 for 2030 implies a 15.3% annual increase from 2029 and a 150.8% total return from the current price.
3. What is the RELX 10 year outlook?
Based on the provided forecasts, the 10-year outlook for RELX (from 2024 to 2034) appears very positive. The stock price is projected to grow from an average of $44.00 in 2024 to $182.50 in 2034. This represents a substantial increase over the decade, with consistent year-over-year growth rates of around 15.3% predicted. The outlook suggests that RELX is well-positioned for sustained growth due to its strong market position, focus on high-value data analytics, and expansion into growth markets.
4. Is RELX a buy, hold, or sell?
RELX appears to be an attractive long-term investment, potentially warranting a “Buy” recommendation for investors with a long-term horizon. RELX has leading positions in information-based analytics and decision tools across various industries, which provides a solid foundation for future growth.
5. Who are the major competitors of RELX?
The major competitors of RELX PLC (NYSE: RELX) include:
- Thomson Reuters Corporation (NYSE: TRI): Provides news, information services, and tools for legal, tax, accounting, and media professionals.
- Wolters Kluwer N.V. (OTC: WTKWY): Offers information and software solutions in legal, business, tax, accounting, finance, and healthcare sectors.
- Moody’s Corporation (NYSE: MCO): Specializes in credit ratings, research, and risk management solutions.
- S&P Global Inc. (NYSE: SPGI): Provides credit ratings, benchmarks, and analytics for global financial markets.
- FactSet Research Systems Inc. (NYSE: FDS): Supplies financial data and analytic software for investment professionals.
These companies operate in similar markets, providing analytics, data, and information services to various professional sectors.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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