Thomson Reuters (NASDAQ:TRI) Stock Rating Upgraded by Wall Street Zen

Thomson Reuters (NASDAQ:TRI) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Sunday.

Separately, Scotiabank raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research report on Wednesday.

Thomson Reuters Price Performance

Shares of NASDAQ TRI opened at $179.96 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11. Thomson Reuters has a 52-week low of $151.60 and a 52-week high of $218.42. The stock has a market capitalization of $81.10 billion, a price-to-earnings ratio of 49.71, a price-to-earnings-growth ratio of 5.84 and a beta of 0.77.

Thomson Reuters (NASDAQ:TRI) last announced its earnings results on Wednesday, August 6th. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.83 by $0.04. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Thomson Reuters had a return on equity of 14.04% and a net margin of 22.34%.

About Thomson Reuters

Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.