Relx initiated with a Buy at Redburn Atlantic

Redburn Atlantic analyst Russell Quelch initiated coverage of Relx (RELX) with a Buy rating and 4,500 GBp price target Relx is “a quality, data-centric powerhouse undergoing increasing alignment across its businesses,” contends the analyst, who notes that the firm’s 2024-2027 EPS estimates are 1%-6% ahead of consensus.