Morgan Stanley on February 02, 2026 maintained an Overweight rating on RELX Plc (RELX) while trimming its price target. The RELX analyst rating shows continued conviction in the company’s fundamentals despite the reduced upside. Morgan Stanley cut the price target to 3,610 GBp from 4,000 GBp, a clear downshift in near-term expectations. Investors should note the firm kept its positive stance, signaling confidence in revenue resilience and margins even as macro and FX pressures alter fair value estimates.
RELX analyst rating: the core change and timing
On February 02, 2026 Morgan Stanley maintained Overweight on RELX while lowering the price target to 3,610 GBp from 4,000 GBp. This single action combines a steady rating with a more conservative price forecast, reflecting updated model inputs rather than a change in strategic assessment.
Price target cut and what it means for valuation
The cut to 3,610 GBp reduces implied upside versus the previous target of 4,000 GBp. A lower target narrows expected returns, but the maintained Overweight rating means Morgan Stanley still views RELX as attractive versus peers.
Investor implications from the maintained Overweight
A maintained Overweight with a lower price target signals selective optimism. Investors should interpret this as a buy-on-weakness stance rather than a call to sell, especially for long-term holders focused on subscription revenue stability.
Historical analyst coverage and context for Morgan Stanley
Morgan Stanley has covered RELX with a positive bias in recent years, often citing steady cash flow and recurring revenue. The firm’s maintenance of Overweight continues that history even as price targets move with currency and macro shifts.
Market reaction, stock metrics, and Meyka perspective
Market reaction was muted, with a reported price change of 0.14% ($0.05) at the time of the note. RELX’s market cap stands at $66,253,372,616. Meyka AI rates RELX with a grade of B+, reflecting S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. See the Morgan Stanley note as a recalibration rather than a downgrade source. For company data, see our RELX stock page on Meyka Meyka RELX page.
Final Thoughts
Morgan Stanley’s action on February 02, 2026 shows a nuanced view of RELX. The firm maintained Overweight for RELX while lowering the price target to 3,610 GBp, a move that tightens expected upside but preserves a constructive stance. For investors this means the stock remains favored relative to peers, but near-term returns now reflect reduced margin for error. Income and growth investors should weigh the updated target against RELX’s recurring revenue and margin profile. Active traders may see the adjusted target as a nearer-term valuation ceiling. Meyka AI rates RELX with a grade of B+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors. Use the maintained Overweight as one input among company fundamentals, comparative valuations, and portfolio goals.
FAQs
What exactly did Morgan Stanley change on February 02, 2026?
Morgan Stanley maintained an Overweight rating on RELX Plc and lowered the price target to 3,610 GBp from 4,000 GBp. The firm kept its positive stance while adjusting valuation inputs.
How should investors interpret the RELX analyst rating now?
The maintained Overweight signals continued confidence versus peers despite a lower price target. Investors should view this as buy-on-weakness guidance rather than a sell signal.
Does the new price target change the long-term investment case?
The lower price target narrows short-term upside, but it does not alter RELX’s underlying subscription revenue strengths. Long-term investors should reassess valuation but not discard core fundamentals.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
