Thomson Reuters (TSE:TRI – Free Report) (NYSE:TRI) had its target price lowered by National Bankshares from C$190.00 to C$175.00 in a report released on Sunday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.
TRI has been the subject of a number of other reports. Huber Research upgraded shares of Thomson Reuters to a “strong-buy” rating in a research report on Monday, October 20th. BMO Capital Markets lowered their price target on shares of Thomson Reuters from C$275.00 to C$165.00 in a report on Friday. The Goldman Sachs Group upgraded Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. CIBC World Markets reduced their price objective on Thomson Reuters from C$183.00 to C$140.00 and set an “outperform” rating on the stock in a research report on Saturday. Finally, Canadian Imperial Bank of Commerce lowered their target price on Thomson Reuters from C$183.00 to C$140.00 and set an “outperform” rating for the company in a report on Friday. Five investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$175.86.
View Our Latest Stock Report on TRI
Thomson Reuters Trading Down 0.6%
Thomson Reuters (TSE:TRI – Get Free Report) (NYSE:TRI) last issued its earnings results on Thursday, February 5th. The company reported C$1.47 earnings per share (EPS) for the quarter. The business had revenue of C$2.76 billion during the quarter. Thomson Reuters had a return on equity of 20.19% and a net margin of 32.12%. Equities research analysts forecast that Thomson Reuters will post 5.6395803 earnings per share for the current year.
Key Headlines 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.
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