Scotia Lowers Thomson Reuters (NASDAQ:TRI) Price Target to $135.00

Thomson Reuters (NASDAQ:TRI) had its price target dropped by research analysts at Scotia from $138.00 to $135.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “sector outperform” rating on the stock. Scotia’s price objective indicates a potential upside of 32.57% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Royal Bank Of Canada lifted their price target on Thomson Reuters from $121.00 to $124.00 and gave the stock an “outperform” rating in a research note on Thursday. Argus started coverage on Thomson Reuters in a research note on Wednesday, April 22nd. They issued a “hold” rating for the company. Bank of America cut their price objective on Thomson Reuters from $115.00 to $98.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. TD Securities reaffirmed a “buy” rating on shares of Thomson Reuters in a research note on Thursday. Finally, Wells Fargo & Company set a $85.00 target price on shares of Thomson Reuters and gave the stock an “equal weight” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $142.83.

Thomson Reuters Trading Up 1.7%

Shares of TRI opened at $101.83 on Thursday. The stock has a market cap of $44.36 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.49 and a beta of 0.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.51 and a quick ratio of 0.60. The firm has a 50 day simple moving average of $89.22 and a 200-day simple moving average of $93.34. Thomson Reuters has a 1-year low of $76.28 and a 1-year high of $182.98.

Thomson Reuters (NASDAQ:TRI) last released its earnings results on Wednesday, August 5th. The company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.03. Thomson Reuters had a net margin of 21.22% and a return on equity of 15.82%. The business had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same period last year, the company earned $0.87 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis. Equities analysts forecast that Thomson Reuters will post 4.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Thomson Reuters by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 5,776,640 shares of the company’s stock worth $762,320,000 after buying an additional 85,684 shares during the period. TD Asset Management Inc grew its position in Thomson Reuters by 0.7% in the fourth quarter. TD Asset Management Inc now owns 4,664,372 shares of the company’s stock valued at $616,342,000 after purchasing an additional 33,418 shares in the last quarter. TLT Family Holdco ULC bought a new stake in Thomson Reuters during the second quarter worth $865,442,000. SEG Family Corp. acquired a new stake in shares of Thomson Reuters in the second quarter valued at approximately $659,930,000. Finally, Morgan Stanley grew its stake in Thomson Reuters by 31.2% in the 4th quarter. Morgan Stanley now owns 2,802,312 shares of the company’s stock valued at $369,597,000 after buying an additional 665,743 shares during the last quarter. Institutional investors own 17.31% of the company’s stock.

Key Thomson Reuters News

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

• Positive Sentiment: RBC raised its price target. Royal Bank of Canada lifted its target from $121 to $124 and maintained an “outperform” rating, implying substantial upside from recent trading levels. BayStreet.CA analyst ratings
• Positive Sentiment: Analysts remain broadly constructive. Scotia kept a “sector outperform” rating with a $135 target, while Canaccord maintained a “buy” rating with a $132.50 target. Thomson Reuters also recently exceeded quarterly earnings and revenue expectations, with revenue rising 9.5% year over year. Analyst insights on Thomson Reuters
• Positive Sentiment: Dividend support continues. The company declared a quarterly dividend of $0.655 per share, payable September 10 to shareholders of record August 19. The annualized yield is approximately 2.7%, reinforcing Thomson Reuters’ appeal to income-oriented investors. Thomson Reuters dividend analysis
• Neutral Sentiment: Price-target changes were mixed. Scotia reduced its target from $138 to $135 and Canaccord lowered its target from $134 to $132.50, although both firms retained bullish ratings. This suggests analysts see upside but have become somewhat more cautious about valuation or near-term execution. Thomson Reuters analyst rating update
• Negative Sentiment: Agentic AI poses a longer-term business-model risk. A promotional InvestorPlace article argues that autonomous AI could bypass traditional software dashboards and reduce demand for per-user legal, tax and research subscriptions. It specifically cites an earlier sharp decline in TRI following the launch of an AI legal plug-in, though the article’s claims are speculative and do not represent a new company announcement. Agentic AI and software stocks

Thomson Reuters Company Profile

Thomson Reuters is a global provider of information and technology solutions for professional markets, including financial services, legal, tax and accounting, and media industries. The company delivers a range of data, analytics and software tools designed to help customers make informed decisions, manage risk and stay compliant with evolving regulations. Its key offerings include the Eikon financial data platform, Westlaw legal research service, Checkpoint tax and accounting solution, and Reuters News, which supplies real?time journalism to media organizations worldwide.

Formed in 2008 through the merger of Canada’s Thomson Corporation (founded in 1934) and the UK’s Reuters Group (established in 1851), Thomson Reuters has built on a legacy of journalistic integrity and information innovation.