Citi cuts RELX rating and raises target for RELX stock to GBp 3,125
Published on 10/21/2026 at 09:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRating change and upcoming date
- Citi moved RELX from Buy to Neutral and lifted its target from GBp 2,870 to GBp 3,125 on October 20, 2026.
- J.P. Morgan maintained a Buy rating with a GBp 5,070 target on October 16, 2026.
- RELX stock trades at EUR 34.78 at 9:47 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.00 percent versus the Xetra close of October 20, 2026.
RELX stock (ISIN GB00B2B0DG97) was trading at EUR 34.78 at Lang & Schwarz on October 21, 2026 at 9:47 a.m. CEST, exactly at the Xetra close of October 20, 2026 (EUR 34.78). Markets Insider reported on October 20, 2026 that Citi cut RELX from Buy to Neutral while raising its target from GBp 2,870 to GBp 3,125.
Citi weighs valuation against growth
Citi cited valuation after a recent re-rating as the reason for its downgrade, even though the new target stands GBp 255 above the previous target. That combination matters more than the rating label alone: the bank reduced its recommendation while still increasing its numerical valuation.
The latest market commentary also shows a wide spread between published targets. MarketScreener said on October 16, 2026 that J.P. Morgan maintained a Buy rating and a GBp 5,070 target for RELX. The target is GBp 1,945 above Citi's new figure, making analyst valuation dispersion a central stock issue.
Three target changes in October
Markets Insider reported a GBp 4,000 Bank of America target on October 14, 2026; MarketScreener reported J.P. Morgan's GBp 5,070 target on October 16, 2026; and Markets Insider reported Citi's GBp 3,125 target on October 20, 2026.
What date comes next?
MarketScreener lists October 22, 2026 as the date for RELX's third-quarter sales and revenue release. That event is the next concrete test for whether operating progress can support the valuation debate.
Price holds at the Xetra level
RELX provides information-based analytics and decision tools through its Risk, Scientific, Technical and Medical, Legal, and Exhibitions businesses. The company says its shares trade in London under ticker REL, alongside listings in Amsterdam and New York.
At Lang & Schwarz, RELX was trading at EUR 34.78 on October 21, 2026 at 9:47 a.m. CEST, unchanged at 0.00 percent versus the Xetra close of October 20, 2026 at EUR 34.78. The immediate market signal is therefore stable, while the analyst targets point to sharply different views on valuation.
The further course of trading is shown by the continuously updated real-time quote of RELX stock.
RELX stock facts
- Company: RELX Plc
- ISIN: GB00B2B0DG97
- Ticker: REL
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of October 21, 2026, 9:47 a.m. CEST): EUR 34.78
- Change versus Xetra close: 0.00 percent
- Xetra close (October 20, 2026): EUR 34.78
- Sector / Industry: Industrials / Specialty Business Services
- Index membership: FTSE 100
Market context: Market report FTSE 100.
