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Thomson Reuters (NYSE:TRI)‘s stock had its “outperform” rating reaffirmed by equities researchers at Credit Suisse in a research report issued on Thursday. They currently have a $43.00 price target on the stock, up from their previous price target of $41.00. Credit Suisse’s price target suggests a potential upside of 13.73% from the company’s current price.

Shares of Thomson Reuters (NYSE:TRI) traded down 0.47% during mid-day trading on Thursday, hitting $37.81. 1,672,904 shares of the company’s stock traded hands. Thomson Reuters has a 1-year low of $32.87 and a 1-year high of $38.73. The stock has a 50-day moving average of $36.53 and a 200-day moving average of $35.46. The company has a market cap of $30.667 billion and a P/E ratio of 70.48.

Thomson Reuters (NYSE:TRI) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.05. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter last year, the company posted $0.48 earnings per share. Thomson Reuters’s revenue was down .1% compared to the same quarter last year. Analysts expect that Thomson Reuters will post $1.90 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Tuesday, August 19th.

A number of other firms have also recently commented on TRI. Analysts at Nomura raised their price target on shares of Thomson Reuters from $34.50 to $36.50 in a research note on Thursday. They now have a “reduce” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Thomson Reuters from $36.00 to $40.00 in a research note on Thursday. They now have a “sector perform” rating on the stock. Finally, analysts at Canaccord Genuity downgraded shares of Thomson Reuters from a “buy” rating to a “hold” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $39.69.

Thomson Reuters Corporation (NYSE:TRI) is a provider of information for the world’s businesses and professionals.

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