Weiss Ratings Reaffirms Hold (C+) Rating for Thomson Reuters (NASDAQ:TRI)

Key Points

• Weiss Ratings has reaffirmed a Hold (C+) rating for Thomson Reuters (NASDAQ:TRI), amidst mixed evaluations from other analysts.
• Several analysts upgraded Thomson Reuters, with TD Securities and Goldman Sachs raising their ratings to Buy and setting a target price of $186.00.
• Thomson Reuters' stock has declined by 0.5%, trading at $162.60, while its market capitalization stands at $72.63 billion.

Thomson Reuters (NASDAQ:TRI - Get Free Report)'s stock had its "hold (c+)" rating reiterated by stock analysts at Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

Several other equities analysts also recently commented on TRI. TD Securities upgraded Thomson Reuters from a "hold" rating to a "buy" rating in a research note on Thursday, August 28th. Wall Street Zen downgraded Thomson Reuters from a "hold" rating to a "sell" rating in a research note on Friday, September 5th. Scotiabank upgraded Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 6th. Huber Research upgraded Thomson Reuters to a "strong-buy" rating in a research report on Monday. Finally, The Goldman Sachs Group upgraded Thomson Reuters from a "hold" rating to a "buy" rating and set a $186.00 target price on the stock in a research report on Wednesday, October 15th. Four analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $186.00.

Thomson Reuters Stock Down 0.5%

Thomson Reuters stock traded down $0.85 during trading on Friday, hitting $162.60. The stock had a trading volume of 702,517 shares, compared to its average volume of 1,268,793. Thomson Reuters has a 1 year low of $149.47 and a 1 year high of $218.42. 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 company's 50 day moving average price is $165.22. The firm has a market cap of $72.63 billion, a PE ratio of 44.92, a price-to-earnings-growth ratio of 5.31 and a beta of 0.74.

Thomson Reuters (NASDAQ:TRI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 8th. The company reported $0.54 EPS for the quarter. Thomson Reuters had a return on equity of 14.04% and a net margin of 22.34%.The business had revenue of $1.62 billion for the quarter.

Thomson Reuters Company Profile

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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