Thomson Reuters (TRI) – Research Analysts’ Recent Ratings Changes

Thomson Reuters (NYSE: TRI) has recently received a number of price target changes and ratings updates:

  • 2/9/2018 – Thomson Reuters had its “hold” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 2/9/2018 – Thomson Reuters was given a new $44.00 price target on by analysts at Canaccord Genuity. They now have a “hold” rating on the stock.
  • 2/9/2018 – Thomson Reuters had its price target lowered by analysts at Royal Bank of Canada from $48.00 to $47.00. They now have a “sector perform” rating on the stock.
  • 2/9/2018 – Thomson Reuters had its price target lowered by analysts at Scotiabank from $52.00 to $49.00. They now have an “outperform” rating on the stock.
  • 2/9/2018 – Thomson Reuters had its price target lowered by analysts at Morgan Stanley from $49.00 to $47.00. They now have an “equal weight” rating on the stock.
  • 2/8/2018 – Thomson Reuters was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/2/2018 – Thomson Reuters was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Thomson Corporation is a leading provider of value-added information and technology to users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. “
  • 2/1/2018 – Thomson Reuters was downgraded by analysts at Edward Jones from a “buy” rating to a “hold” rating.
  • 1/31/2018 – Thomson Reuters had its “buy” rating reaffirmed by analysts at Scotiabank. They now have a $52.00 price target on the stock, down previously from $54.00.
  • 1/31/2018 – Thomson Reuters was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating.
  • 1/31/2018 – Thomson Reuters had its “hold” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $51.00 price target on the stock.
  • 1/24/2018 – Thomson Reuters had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $48.00 price target on the stock.
  • 1/5/2018 – Thomson Reuters was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $49.00 price target on the stock. According to Zacks, “Thomson Corporation is a leading provider of value-added information and technology to users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. “

Thomson Reuters Corp (NYSE TRI) traded up $0.60 during trading hours on Monday, hitting $39.99. 573,841 shares of the company were exchanged, compared to its average volume of 1,341,598. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.62 and a quick ratio of 0.63. The stock has a market cap of $28,028.34, a PE ratio of 20.51, a P/E/G ratio of 2.69 and a beta of 0.65. Thomson Reuters Corp has a 1 year low of $39.01 and a 1 year high of $48.61.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last posted its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.02. The firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.95 billion. Thomson Reuters had a net margin of 12.31% and a return on equity of 13.61%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company posted $0.60 EPS. equities analysts predict that Thomson Reuters Corp will post 1.63 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, February 22nd will be given a dividend of $0.345 per share. The ex-dividend date is Wednesday, February 21st. This represents a $1.38 dividend on an annualized basis and a dividend yield of 3.45%. Thomson Reuters’s payout ratio is currently 70.77%.

Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

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