Thomson Reuters (TSE:TRI) Given New C$286.00 Price Target at National Bankshares

Thomson Reuters (TSE:TRI) (NYSE:TRI) had its price objective hoisted by National Bankshares from C$260.00 to C$286.00 in a report issued on Friday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other equities research analysts have also recently commented on the company. TD Securities boosted their price target on Thomson Reuters from C$250.00 to C$260.00 and gave the company a “hold” rating in a research note on Friday. BMO Capital Markets boosted their target price on shares of Thomson Reuters from C$251.00 to C$256.00 in a research report on Wednesday, November 6th. Finally, Wells Fargo & Company upgraded shares of Thomson Reuters to a “hold” rating in a report on Tuesday, November 26th. Five research analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Thomson Reuters presently has a consensus rating of “Moderate Buy” and a consensus target price of C$209.83.

Thomson Reuters Stock Down 0.4 %

TRI stock opened at C$252.31 on Friday. The company has a 50 day moving average of C$234.79 and a two-hundred day moving average of C$230.43. The company has a market cap of C$113.47 billion, a price-to-earnings ratio of 35.59, a PEG ratio of 3.64 and a beta of 0.40. Thomson Reuters has a 12-month low of C$200.50 and a 12-month high of C$255.65. The company has a quick ratio of 0.52, a current ratio of 0.88 and a debt-to-equity ratio of 29.05.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last announced its quarterly earnings data on Thursday, February 6th. The company reported C$1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.97 by C$0.04. Thomson Reuters had a return on equity of 20.41% and a net margin of 33.65%. During the same quarter last year, the business earned $0.98 earnings per share. On average, equities analysts anticipate that Thomson Reuters will post 5.6395803 earnings per share for the current fiscal year.

Thomson Reuters Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Thursday, February 20th will be given a $0.595 dividend. This represents a $2.38 annualized dividend and a dividend yield of 0.94%. Thomson Reuters’s dividend payout ratio is 41.33%.

About Thomson Reuters

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.