Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
RELX plc ( (GB:REL) ) has issued an update.
RELX PLC, a global provider of information-based analytics and decision tools, has announced the purchase of 119,000 of its own ordinary shares on the London Stock Exchange through JP Morgan Securities plc. These shares will be held as treasury shares, increasing the total number of treasury shares to 49,848,164. This move is part of RELX’s ongoing strategy to manage its capital structure and return value to shareholders, as evidenced by the purchase of over 30 million shares since the beginning of 2025.
The most recent analyst rating on (GB:REL) stock is a Buy with a £3929.00 price target. To see the full list of analyst forecasts on RELX plc stock, see the GB:REL Stock Forecast page.
Spark’s Take on GB:REL Stock
According to Spark, TipRanks’ AI Analyst, GB:REL is a Outperform.
RELX plc’s overall stock score is driven by strong financial performance and positive earnings call sentiment, highlighting robust growth and strategic initiatives. However, technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation. The company’s ability to maintain growth and profitability amid challenges supports a favorable outlook, but caution is warranted due to market trends.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
Average Trading Volume: 3,069,974
Technical Sentiment Signal: Hold
Current Market Cap: £64.66B
See more data about REL stock on TipRanks’ Stock Analysis page.