By Chris Bailey of Financial Orbit | Thursday 11 February 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Back in late October here, I concluded that RELX (REL) – despite changing its name from Reed Elsevier a number of years back – was a ‘well run business with continued progress in academic, legal and scientific (predominately online) journals and textbooks’ even if the events business, unsurprisingly, remained a bit of a mess. However, I still did not see a share price that I yet found attractive. Prices have moved since from just under £17 a share to now about £18 a share. So what to think now following the publication of full-year 2020 results?
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