1027 GMT - RELX is well-positioned to benefit from generative AI as it combines technology with authoritative information and domain expertise, J.P. Morgan analysts Daniel Kerven and David W Peat write in a note. AI tools will likely accelerate growth and improve the company's value proposition, the analysts say. The FTSE 100-listed information-and-analytics group is already seeing an acceleration in its legal-segment growth, driven by Lexis+ AI, they add. The U.S. bank expects faster growth in the group's legal and scientific, technical and medical segments over the midterm. It also forecasts faster growth to be sustained for a decade or more. Shares are up 0.3% at 3,703 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
December 11, 2024 05:27 ET (10:27 GMT)
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