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RELX plc ( (GB:REL) ) just unveiled an announcement.
RELX plc has announced the purchase of 108,176 of its own ordinary shares through JP Morgan Securities plc, which will be held as treasury shares. This transaction is part of a broader strategy, as the company has acquired over 28 million shares since January 2025, potentially indicating a focus on consolidating ownership and enhancing shareholder value.
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 and positive earnings call results are the main drivers of its score. The company’s strategic shift towards digital and analytics solutions is promising. However, technical indicators and a high P/E ratio reflect some market caution, which tempers the overall score.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
RELX plc is a global provider of information-based analytics and decision tools for professional and business customers across industries. The company operates in the scientific, technical, and medical, risk and business analytics, legal, and exhibitions sectors, offering a range of services and products to enhance decision-making and productivity.
Average Trading Volume: 2,620,854
Technical Sentiment Signal: Buy
Current Market Cap: £71.14B
For detailed information about REL stock, go to TipRanks’ Stock Analysis page.