Royal Bank Of Canada Forecasts Strong Price Appreciation for Thomson Reuters (NASDAQ:TRI) Stock

Thomson Reuters (NASDAQ:TRI) had its target price upped by research analysts at Royal Bank Of Canada from $121.00 to $124.00 in a research report issued on Thursday, MarketBeat reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 21.77% from the company’s previous close.

Other analysts also recently issued reports about the stock. Weiss Ratings downgraded shares of Thomson Reuters from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Wells Fargo & Company set a $85.00 price objective on shares of Thomson Reuters and gave the stock an “equal weight” rating in a report on Tuesday, June 30th. Barclays reaffirmed an “overweight” rating and set a $130.00 target price (down from $170.00) on shares of Thomson Reuters in a research note on Friday, May 8th. Argus started coverage on shares of Thomson Reuters in a research report on Wednesday, April 22nd. They set a “hold” rating on the stock. Finally, Bank of America dropped their target price on shares of Thomson Reuters from $115.00 to $98.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $142.83.

Thomson Reuters Stock Performance

Thomson Reuters stock opened at $101.83 on Thursday. Thomson Reuters has a fifty-two week low of $76.28 and a fifty-two week high of $182.98. The stock’s 50 day simple moving average is $89.22 and its two-hundred day simple moving average is $93.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.60 and a current ratio of 0.51. The stock has a market cap of $44.36 billion, a price-to-earnings ratio of 27.11, a PEG ratio of 1.49 and a beta of 0.75.

Thomson Reuters (NASDAQ:TRI) last released its earnings results on Wednesday, August 5th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. Thomson Reuters had a return on equity of 15.82% and a net margin of 21.22%.The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter last year, the business posted $0.87 EPS. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, analysts expect that Thomson Reuters will post 4.46 earnings per share for the current fiscal year.

Institutional Trading of Thomson Reuters

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Public Sector Pension Investment Board raised its position 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 during the period. Evergreen Capital Management LLC boosted its holdings in shares of Thomson Reuters by 1.8% during the fourth quarter. Evergreen Capital Management LLC now owns 5,743 shares of the company’s stock worth $757,000 after purchasing an additional 101 shares during the period. Natixis Advisors LLC increased its stake in Thomson Reuters by 0.6% in the 3rd quarter. Natixis Advisors LLC now owns 16,424 shares of the company’s stock valued at $2,551,000 after buying an additional 103 shares during the period. PNC Financial Services Group Inc. lifted its position in Thomson Reuters by 1.3% in the 1st 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 in the last quarter. Finally, Royal London Asset Management Ltd. boosted its stake in shares of Thomson Reuters by 1.7% during 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 period. 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

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.