RELX PLC

REL: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 4,456.00	Xck	Xbsgfyhwz

RELX Earnings: Solid Performance Continues; Shares Fairly Valued

Rob Hales

Jul 25, 2024

Wide-moat RELX reported first-half results that were broadly in line with FactSet consensus and our expectations. Guidance was unchanged. Shares were up around 2% intraday. We don’t expect to make a material change to our GBX 3,650 fair value estimate. At current levels, the shares are trading just below our fair value estimate.

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