Does this Upgrade present an opportunity for you?

Is it irrelevant, or will the Upgrade make RELX’s share price attractive?

• The chart shows RELX’s share price movements since end August.
• Shares -11.1% from 2018 highs; +11.0% from 2018 lows; -10.5% year-to date
• Analysts at Barclays have upgraded RELX to Overweight (from Equalweight), and increased their target price to 1740p (from 1710p).
• Consensus summary: 13 Buys, 5 Holds, 2 Sell; Average target: 1699p (Source: Bloomberg).
• Current share price is 1556p (at time of writing).
• Will the shares turn back, or will the upgrade push the shares back towards 1750p end-August highs?

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Trading RELX – An Example

Let’s say you think that RELX shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of RELX using a CFD, at the current price of 1556p. To do this, you need £2,000.

For the purpose of this example, let’s assume the RELX share price rises to 1750p (+12.5%). Your profit would be £1,247 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. RELX shares continue their July downtrend, they fall 5% and hit your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.