Relx plc (REL)

Sector:

Media

Index:

FTSE 100

3,752.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 3,761.00
  • 52 Week Low: 3,024.00
  • Currency: UK Pounds
  • Shares Issued: 1,861.28m
  • Volume: 91,565
  • Market Cap: £69,835m
  • RiskGrade: 128
  • Beta: 0.77

Goldman Sachs downgrades WPP to 'neutral'

By Michele Maatouk

Date: Monday 11 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Goldman Sachs downgraded advertising giant WPP on Monday to 'neutral' from 'buy' as it took a look at internet and media stocks.
The bank cut its 2022/23 earnings per share estimates by 7% on average for its coverage, reflecting its economists' lower macro forecasts, strategists' views on a stagflationary environment, the latest company data points and FX changes.

"We also run a downside scenario based on global GDP 3pp below our economists' current forecasts, which implies an 11% further cut to our 2022E EPS on average," GS said.

"In a stagflationary environment, we view Pearson, Relx and UMG as the most attractive buy rated stocks in our sector. We also upgrade Adevinta and Schibsted to buy and downgrade Pro7, RTL and WPP to neutral, and Stroeer to sell."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Reed Elsevier Market Data

Currency UK Pounds
Share Price 3,752.00p
Change Today 4.00p
% Change 0.11 %
52 Week High 3,761.00
52 Week Low 3,024.00
Volume 91,565
Shares Issued 1,861.28m
Market Cap £69,835m
Beta 0.77
RiskGrade 128

Reed Elsevier Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.58% below the market average99.58% below the market average99.58% below the market average99.58% below the market average99.58% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
78.39% above the market average78.39% above the market average78.39% above the market average78.39% above the market average78.39% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Income
89.72% below the market average89.72% below the market average89.72% below the market average89.72% below the market average89.72% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
4.64% above the market average4.64% above the market average4.64% above the market average4.64% above the market average4.64% above the market average
7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 4
Sell 0
Strong Sell 0
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Reed Elsevier Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Aug-24 02-May-24
Paid 05-Sep-24 13-Jun-24
Amount 18.20p 41.80p

Trades for 04-Dec-2024

Time Volume / Share Price
08:23 130 @ 3,752.00p
08:23 11 @ 3,751.00p
08:23 142 @ 3,751.00p
08:23 23 @ 3,749.00p
08:23 317 @ 3,749.00p

Reed Elsevier Key Personnel

CEO Erik Engstrom
CFO N L Luff
Chair Paul Walker

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