CIBC World Markets Lowers Thomson Reuters (TSE:TRI) Price Target to C$140.00

Thomson Reuters (TSE:TRI) (NYSE:TRI) had its target price reduced by CIBC World Markets from C$183.00 to C$140.00 in a report released on Saturday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC World Markets’ target price would suggest a potential upside of 16.49% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. National Bankshares lowered their target price on Thomson Reuters from C$300.00 to C$190.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Canadian Imperial Bank of Commerce lowered their price objective on Thomson Reuters from C$183.00 to C$140.00 and set an “outperform” rating for the company in a research report on Friday. Canaccord Genuity Group raised Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 5th. The Goldman Sachs Group upgraded shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Finally, TD Securities decreased their target price on shares of Thomson Reuters from C$285.00 to C$175.00 and set a “buy” rating on the stock in a research note on Friday. Five investment 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 stock. Based on data from MarketBeat, Thomson Reuters has an average rating of “Buy” and an average target price of C$175.86.

Thomson Reuters Stock Performance

TSE TRI opened at C$120.18 on Friday. Thomson Reuters has a 12-month low of C$116.21 and a 12-month high of C$299.24. The company has a market cap of C$53.48 billion, a P/E ratio of 30.89, a PEG ratio of 3.64 and a beta of -0.02. The company has a fifty day simple moving average of C$171.97 and a 200 day simple moving average of C$207.48. The company has a current ratio of 0.94, a quick ratio of 0.52 and a debt-to-equity ratio of 24.28.

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

Thomson Reuters News Roundup

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

Thomson Reuters Company Profile

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.