Bank of America raises target for RELX stock to GBp 4,000

Published on 10/01/2026 at 14:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Underlying revenue rose 7.00 percent in the first half of 2026. RELX stock costs EUR 29.56 on October 1, 2026 after EUR 29.37, plus 0.65 percent.

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RELX (ISIN GB00B2B0DG97) was trading at EUR 29.56 at Lang & Schwarz on October 1, 2026 at 2:38 p.m. CEST, up 0.65 percent from the prior close of EUR 29.37 on September 30, 2026. Bank of America Securities raised its RELX target from GBp 3,950 to GBp 4,000 in the September 29, 2026 update covered by Markets Insider.

Target rises as AI debate shifts

The target move places a concrete figure on the debate around RELX and artificial intelligence. The same Markets Insider report said Bank of America maintained a Buy rating, while its related analyst summary linked the higher target to improving Scientific, Technical and Medical growth and AI-enhanced research workflows.

The price target is quoted in GBp, while the reference price in this article is the euro quotation from Lang & Schwarz. That separation matters because the two figures use different currencies and cannot support a direct percentage-upside calculation.

First-half growth stays measurable

RELX reported underlying revenue growth of 7.00 percent in the first half of 2026, adjusted operating profit growth of 9.00 percent and adjusted earnings per share growth of 11.00 percent, according to the September 2, 2026 investor presentation summary from Quartr. Legal revenue reached GBP 959.0 million in that period, while Scientific, Technical and Medical revenue reached GBP 1.37 billion.

Hargreaves Lansdown wrote on September 28, 2026 that the first-half results supported the view that AI is strengthening rather than disrupting RELX. Its review identified Legal as the standout division, with underlying revenue growth of 10.00 percent, compared with 6.00 percent for Scientific, Technical and Medical.

Buyback adds capital-return support

On September 7, 2026, RELX launched a GBP 125.0 million non-discretionary share buyback running through October 21, 2026, according to the release carried by The Globe and Mail. The program followed a GBP 150.0 million repurchase completed on September 4, 2026, as part of a GBP 2.25 billion share repurchase plan for 2026.

The combination of 7.00 percent underlying revenue growth and a 9.00 percent rise in adjusted operating profit shows the operating comparison behind the analyst interest. The buyback adds a separate capital-allocation measure, but the first-half growth rates remain the main operating evidence supporting the higher target.

RELX trades above its prior close

RELX was trading at EUR 29.56 at Lang & Schwarz on October 1, 2026 at 2:38 p.m. CEST, plus 0.65 percent versus the Lang & Schwarz prior close of EUR 29.37 on September 30, 2026. The finance quote for the New York listing showed RELX last at USD 33.18 on September 30, 2026 at 4:00 p.m. ET, with a market capitalization of USD 57.9 billion as of September 30, 2026.