Redburn Atlantic analyst Russell Quelch initiated coverage of 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.
I am upgrading RELX PLC to a Buy following my assessment of its Legal and STM (Scientific, Technical & Medical) segments. STM's revenue growth is expected to improve with a shift from print solutions to online databases, potentially realizing a 7% annualized growth rate in the medium term. The Legal segment's new AI products, Lexis+ AI and Protégé, are anticipated to drive a +9% top line CAGR for the FY 2024-2028 time frame.
RELX PLC (NYSE:RELX ) Q3 2024 Sales/Trading Statement Call October 24, 2024 3:30 AM ET Company Participants Nick Luff - Chief Financial Officer Conference Call Participants Nick Dempsey - Barclays George Webb - Morgan Stanley Tom Singlehurst - Citi Thymen Rundberg - ING Sami Kassab - BNP Paribas Operator Good morning, and welcome to the RELX Nine Months Trading Update Call. [Operator Instructions] Please note this conference is being recorded.
RELX (RELX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
RELX PLC (NYSE:RELX ) Q2 2024 Results Conference Call July 25, 2024 3:30 AM ET Company Participants Erik Engstrom - CEO Nick Luff - CFO Conference Call Participants George Webb - Morgan Stanley Adam Berlin - UBS Sami Kassab - BNP Paribas Nick Dempsey - Barclays Tom Singlehurst - Citi Steve Liechti - Deutsche Bank Erik Engstrom Good morning, everybody. Thank you for taking the time to join us today.
RELX's subsidiary, LexisNexis Risk Solutions, expands its footprint in the Asia-Pacific region by launching a cloud hosting facility in Australia.
RELX's subsidiary, LexisNexis Risk Solutions, equips its Accurint Virtual Crime Center with artificial intelligence capabilities by adding a new feature, Accurint AI Insights.
RELX (RELX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).