Analyst David Amiras from Bank of America Securities reiterated a Buy rating on RELX plc (RLXXF – Research Report) and keeping the price target at p4,800.00.
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David Amiras has given his Buy rating due to a combination of factors that highlight RELX plc’s strong market position and growth potential. The company’s STM division, which is the largest academic publisher globally, benefits from its significant scale. This scale allows RELX to maintain a vast network of authors and peer reviewers and to invest in advanced technology, enhancing its databases and tools that are crucial for managing the increasing volume of research output.
Moreover, the company’s ability to leverage technology, such as AI in search and discovery, positions it well for future growth. Despite potential mid-term risks related to changes in US research funding policies, the current outlook remains positive. The expert feedback and the flourishing of open access alongside traditional publishing models further reinforce the company’s strong long-term positioning in the industry.
According to TipRanks, Amiras is a 4-star analyst with an average return of 11.5% and an 81.13% success rate.