Thomson Reuters (NASDAQ:TRI) Price Target Cut to $135.00 by Analysts at Scotia

Thomson Reuters (NASDAQ:TRI) had its price target dropped by equities researchers at Scotia from $138.00 to $135.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has a “sector outperform” rating on the stock. Scotia’s target price would indicate a potential upside of 35.69% from the company’s previous close.

Several other brokerages have also commented on TRI. TD Securities reissued a “buy” rating on shares of Thomson Reuters in a report on Thursday. Argus began coverage on shares of Thomson Reuters in a report on Wednesday, April 22nd. They set a “hold” rating on the stock. Scotiabank reiterated a “sector outperform” rating and issued a $135.00 target price on shares of Thomson Reuters in a research report on Thursday. UBS Group set a $185.74 target price on shares of Thomson Reuters and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada upped their price target on shares of Thomson Reuters from $121.00 to $124.00 and gave the stock an “outperform” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Thomson Reuters has an average rating of “Moderate Buy” and a consensus target price of $142.83.

Thomson Reuters Price Performance

TRI traded up $0.89 during trading on Thursday, hitting $99.50. The company’s stock had a trading volume of 1,412,187 shares, compared to its average volume of 2,366,079. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.11. Thomson Reuters has a twelve month low of $76.28 and a twelve month high of $182.98. The business’s fifty day simple moving average is $88.60 and its 200 day simple moving average is $93.46. The firm has a market capitalization of $43.34 billion, a price-to-earnings ratio of 28.93, a P/E/G ratio of 1.62 and a beta of 0.75.

Thomson Reuters (NASDAQ:TRI) last announced its earnings results on Wednesday, August 5th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.89 billion. Thomson Reuters had a return on equity of 14.99% and a net margin of 19.93%.The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 EPS. On average, equities research analysts forecast that Thomson Reuters will post 4.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Public Sector Pension Investment Board raised its holdings in Thomson Reuters by 0.8% during the second quarter. Public Sector Pension Investment Board now owns 13,098 shares of the company’s stock valued at $2,629,000 after buying an additional 100 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in Thomson Reuters by 1.8% during the fourth quarter. Evergreen Capital Management LLC now owns 5,743 shares of the company’s stock valued at $757,000 after purchasing an additional 101 shares during the last quarter. Natixis Advisors LLC raised its position in shares of Thomson Reuters by 0.6% in the third quarter. Natixis Advisors LLC now owns 16,424 shares of the company’s stock valued at $2,551,000 after purchasing an additional 103 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Thomson Reuters by 1.3% in the first quarter. PNC Financial Services Group Inc. now owns 9,834 shares of the company’s stock worth $885,000 after buying an additional 130 shares during the last quarter. Finally, Royal London Asset Management Ltd. grew its stake in Thomson Reuters by 1.7% in the 4th quarter. Royal London Asset Management Ltd. now owns 8,037 shares of the company’s stock valued at $1,060,000 after buying an additional 134 shares during the last quarter. 17.31% of the stock is owned by hedge funds and other institutional investors.

More Thomson Reuters News

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

• Positive Sentiment: Thomson Reuters reported second-quarter adjusted earnings of $0.99 per share, above the $0.96 consensus estimate and up from $0.87 a year earlier. Revenue rose 9.5% to $1.93 billion, topping expectations of $1.89 billion. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its 2026 revenue-growth outlook to approximately 8% for total revenue and 9.5%–10% for its “Big 3” segments: Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals. Those segments delivered 10% organic growth in the quarter. Thomson Reuters Reports Higher Second-Quarter Revenue and Raises Full-Year Forecast
• Positive Sentiment: Management highlighted the rollout of “Fiduciary-Grade AI” solutions as a key second-half priority, suggesting AI adoption could support longer-term growth, customer retention and productivity. Thomson Reuters Raises Full-Year Revenue Outlook With Focus on AI Rollout
• Positive Sentiment: Thomson Reuters declared a quarterly dividend of $0.655 per share, equivalent to an indicated 2.7% yield, reinforcing the stock’s appeal to income-oriented investors. Thomson Reuters Dividend Announcement
• Neutral Sentiment: The company agreed to sell a 51% stake in its Global Print business to KKR, expecting approximately $500 million in gross proceeds. The transaction may sharpen focus on higher-growth digital operations, although it also reduces ownership of the print business. Thomson Reuters Reports Second-Quarter 2026 Results
• Negative Sentiment: Despite the earnings beat, commentary noting the shares had recently sold off suggests investors remain sensitive to valuation and the execution risk associated with the AI investment cycle. A bullish analyst view argues the dividend-focused stock is attractive after that pullback, but valuation concerns could limit further gains. Thomson Reuters Buy This Dividend Aristocrat While It Is on Sale

About Thomson Reuters

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.