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RELX plc ( (GB:REL) ) has issued an update.
RELX PLC has announced the purchase of 107,364 of its own ordinary shares on the London Stock Exchange, which will be held as treasury shares. This move is part of a broader strategy, as the company has acquired over 27 million shares since January 2025, potentially impacting its share value and market positioning.
The most recent analyst rating on (GB:REL) stock is a Buy with a £42.75 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, supported by robust cash flow and effective operational management, is the primary driver of its favorable stock score. The company’s strategic share buyback program and positive earnings call outlook further enhance its attractiveness. However, the high P/E ratio suggests potential overvaluation, which offsets some of the positive aspects.
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-driven insights and solutions to professional and business customers across various sectors, including scientific, technical, medical, legal, and business analytics.
YTD Price Performance: 10.22%
Average Trading Volume: 3,024,677
Technical Sentiment Signal: Strong Buy
Current Market Cap: £72.38B
See more insights into REL stock on TipRanks’ Stock Analysis page.