Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
RELX plc ( (GB:REL) ) has issued an announcement.
RELX PLC has executed a share buyback transaction, purchasing 57,936 of its own ordinary shares through JP Morgan Securities plc on the London Stock Exchange. These shares will be held as treasury shares, contributing to a total of 58,278,412 shares held in treasury. This move is part of an ongoing strategy to manage the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:REL) stock is a Buy with a £43.45 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 strong financial performance and positive earnings call sentiment are the most significant factors contributing to the score. However, the stock’s technical indicators suggest a bearish trend, and its valuation appears high, which tempers the overall score.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
RELX PLC operates in the information and analytics industry, providing data and insights across various sectors including scientific, technical, medical, legal, and risk management. The company focuses on delivering content and analytics that help professionals make informed decisions.
YTD Price Performance: -10.53%
Average Trading Volume: 4,007,028
Technical Sentiment Signal: Hold
Current Market Cap: £58.11B
See more data about REL stock on TipRanks’ Stock Analysis page.