Thomson Reuters (NASDAQ:TRI - Get Free Report) was upgraded by stock analysts at Huber Research to a "strong-buy" rating in a research note issued on Monday,Zacks.com reports.
A number of other analysts also recently weighed in on the company. The Goldman Sachs Group upgraded Thomson Reuters from a "hold" rating to a "buy" rating and set a $186.00 price target for the company in a report on Wednesday, October 15th. TD Securities upgraded Thomson Reuters from a "hold" rating to a "buy" rating in a research note on Thursday, August 28th. Weiss Ratings restated a "hold (c+)" rating on shares of Thomson Reuters in a research note on Wednesday, October 8th. Scotiabank upgraded Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 6th. Finally, Cibc World Mkts upgraded Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 19th. Four analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Thomson Reuters presently has a consensus rating of "Buy" and a consensus target price of $186.00.
Check Out Our Latest Stock Analysis on TRI
Thomson Reuters Trading Up 1.3%
Shares of Thomson Reuters stock opened at $163.13 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.79 and a current ratio of 0.79. The stock's 50-day simple moving average is $165.48. Thomson Reuters has a 1-year low of $149.47 and a 1-year high of $218.42. The firm has a market cap of $72.86 billion, a P/E ratio of 45.06, a P/E/G ratio of 5.23 and a beta of 0.74.
Thomson Reuters (NASDAQ:TRI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 8th. The company reported $0.54 earnings per share for the quarter. Thomson Reuters had a return on equity of 14.04% and a net margin of 22.34%.The firm had revenue of $1.62 billion during the quarter.
About Thomson Reuters
(
Get Free Report)
Thomson Reuters Corporation provides 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.
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