Thomson Reuters Co. (TSE:TRI – Get Free Report) (NYSE:TRI) has been given a consensus recommendation of “Buy” by the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have given a buy recommendation and five have issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$178.00.
TRI has been the topic of a number of recent research reports. TD Securities lowered their target price on Thomson Reuters from C$285.00 to C$175.00 and set a “buy” rating on the stock in a research report on Friday. Huber Research upgraded Thomson Reuters to a “strong-buy” rating in a research note on Monday, October 20th. Canaccord Genuity Group raised Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Canadian Imperial Bank of Commerce cut their price objective on Thomson Reuters from C$183.00 to C$140.00 and set an “outperform” rating for the company in a report on Friday. Finally, CIBC World Markets decreased their target price on shares of Thomson Reuters from C$183.00 to C$140.00 and set an “outperform” rating for the company in a research note on Saturday.
Read Our Latest Report on Thomson Reuters
Key Headlines Impacting Thomson Reuters
- Positive Sentiment: Q4 results showed underlying strength — TRI reported C$1.47 EPS and C$2.76B revenue with a 32% net margin, reinforcing profitability and supporting the company’s AI-related growth narrative. Q4 Earnings Highlights
- Positive Sentiment: Management framed recent weakness in software/AI stocks as sentiment-driven rather than fundamental, a message aimed at calming investors and defending valuation. CEO Comments on Software Stocks
- Neutral Sentiment: Market coverage includes full Q4 earnings call transcripts and writeups highlighting revenue growth and AI initiatives — useful for investors wanting detail but not a clear immediate catalyst. Earnings Call Transcript
- Negative Sentiment: Multiple major banks cut price targets today — TD lowered its target to C$175 (from C$285), BMO to C$165 (from C$275), and CIBC to C$140 (from C$183). Though several firms kept buy/outperform ratings, the across‑the‑board target reductions are putting downward pressure on the share price. BayStreet.CA Analyst Ratings
- Negative Sentiment: National Bank also trimmed its target on adjusted valuation assumptions, adding to the negative analyst tone and raising questions about near‑term valuation multiples. National Bank Cuts Target
Thomson Reuters Stock Performance
Shares of TSE:TRI opened at C$120.18 on Tuesday. The firm’s 50 day simple moving average is C$171.97 and its 200 day simple moving average is C$207.96. Thomson Reuters has a fifty-two week low of C$116.21 and a fifty-two week high of C$299.24. The company has a market capitalization of C$53.48 billion, a price-to-earnings ratio of 30.89, a P/E/G ratio of 3.64 and a beta of -0.02. The company has a debt-to-equity ratio of 24.28, a current ratio of 0.94 and a quick ratio of 0.52.
Thomson Reuters (TSE:TRI – Get Free Report) (NYSE:TRI) last issued its quarterly earnings data on Thursday, February 5th. The company reported C$1.47 EPS for the quarter. Thomson Reuters had a return on equity of 20.19% and a net margin of 32.12%.The business had revenue of C$2.76 billion for the quarter. As a group, sell-side analysts forecast that Thomson Reuters will post 5.6395803 earnings per share for the current year.
Thomson Reuters Company Profile
Thomson Reuters is the result of the $17.6 billion megamerger of Canada’s Thomson and the United Kingdom’s Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, WestLaw, and its tax accounting software, OneSource. In addition, the company does hold a significant investment in the publicly traded Tradeweb, which operates a fixed income exchange.
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