RELX: Resilient Growth and Manageable Exhibition Headwinds Support Continued Buy Rating

George Webb, an analyst from Morgan Stanley, reiterated the Buy rating on RELX plc. The associated price target was lowered to p3,320.00.

George Webb has given his Buy rating due to a combination of factors that underscore RELX’s resilient operating performance and consistent growth outlook. Management continues to project solid advances in revenue, adjusted operating profit, and earnings per share at constant currency, supported by robust new business wins across the Risk, STM, and Legal divisions, including very strong submission trends in primary research and sustained double‑digit expansion in legal services to law firms and corporates.

Webb also notes that the Exhibitions segment, while experiencing some timing effects and modest disruption from Middle East geopolitical events, is still expected to post strong underlying revenue growth and better margins than last year. The limited scale of the affected regional portfolio, the mechanical shift of certain event revenues into the second half, and only a small adjustment to full‑year growth and margin assumptions all reinforce his view that short‑term headwinds are manageable within an otherwise positive, group‑wide trajectory, justifying a continued Buy stance on the shares.

Webb covers the Technology sector, focusing on stocks such as TeamViewer AG, OVH Groupe SAS, and Netcompany Group A/S. According to TipRanks, Webb has an average return of 1.2% and a 52.00% success rate on recommended stocks.

In another report released today, Bernstein also maintained a Buy rating on the stock with a £34.50 price target.