Canadian Imperial Bank of Commerce Lowers Thomson Reuters (TSE:TRI) Price Target to C$140.00

Thomson Reuters (TSE:TRI) (NYSE:TRI) had its price objective lowered by analysts at Canadian Imperial Bank of Commerce from C$183.00 to C$140.00 in a report released on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Canadian Imperial Bank of Commerce’s price objective points to a potential upside of 16.49% from the company’s previous close.

Several other analysts also recently issued reports on TRI. Huber Research upgraded Thomson Reuters to a “strong-buy” rating in a research note on Monday, October 20th. BMO Capital Markets dropped their target price on Thomson Reuters from C$275.00 to C$165.00 in a report on Friday. Canaccord Genuity Group upgraded shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 5th. The Goldman Sachs Group raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Finally, TD Securities dropped their price objective on shares of Thomson Reuters from C$285.00 to C$175.00 and set a “buy” rating for the company in a research note on Friday. Five equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Thomson Reuters currently has an average rating of “Buy” and an average target price of C$178.00.

Thomson Reuters Stock Performance

Shares of TRI stock opened at C$120.18 on Friday. Thomson Reuters has a 52 week low of C$116.21 and a 52 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 PEG ratio of 3.64 and a beta of -0.02. The company has a 50-day simple moving average of C$171.97 and a 200 day simple moving average of C$207.96. The company has a debt-to-equity ratio of 24.28, a quick ratio of 0.52 and a current ratio of 0.94.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last issued its quarterly earnings data on Thursday, February 5th. The company reported C$1.47 earnings per share (EPS) for the quarter. Thomson Reuters had a net margin of 32.12% and a return on equity of 20.19%. The firm had revenue of C$2.76 billion during the quarter. On average, sell-side analysts predict that Thomson Reuters will post 5.6395803 earnings per share for the current year.

Key Stories Impacting Thomson Reuters

Here are the key news stories impacting Thomson Reuters this week:

• 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

About Thomson Reuters

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.