Canaccord Genuity Group Lowers Thomson Reuters (NASDAQ:TRI) Price Target to $132.50

Thomson Reuters (NASDAQ:TRI) had its price objective lowered by stock analysts at Canaccord Genuity Group from $134.00 to $132.50 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 30.12% from the company’s previous close.

A number of other research firms have also issued reports on TRI. UBS Group set a $185.74 price target on Thomson Reuters and gave the stock a “buy” rating in a report on Thursday, April 23rd. Royal Bank Of Canada increased their price objective on Thomson Reuters from $121.00 to $124.00 and gave the stock an “outperform” rating in a research report on Thursday. Scotiabank reiterated a “sector outperform” rating and issued a $135.00 price objective on shares of Thomson Reuters in a research report on Thursday. TD Securities reaffirmed a “buy” rating on shares of Thomson Reuters in a research note on Thursday. Finally, Barclays restated an “overweight” rating and set a $130.00 target price (down from $170.00) on shares of Thomson Reuters in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Thomson Reuters has an average rating of “Moderate Buy” and a consensus price target of $142.83.

Thomson Reuters Price Performance

Shares of TRI opened at $101.83 on Thursday. The firm’s 50 day moving average price is $89.22 and its 200 day moving average price is $93.34. The company has a quick ratio of 0.60, a current ratio of 0.51 and a debt-to-equity ratio of 0.12. The company has a market cap of $44.36 billion, a P/E ratio of 27.11, a PEG ratio of 1.49 and a beta of 0.75. Thomson Reuters has a fifty-two week low of $76.28 and a fifty-two week high of $182.98.

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

Institutional Investors Weigh In On Thomson Reuters

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Thomson Reuters by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 5,776,640 shares of the company’s stock valued at $762,320,000 after buying an additional 85,684 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Thomson Reuters by 19.1% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 77,601 shares of the company’s stock valued at $10,235,000 after acquiring an additional 12,470 shares during the period. GF Fund Management CO. LTD. boosted its position in shares of Thomson Reuters by 14.4% in the fourth quarter. GF Fund Management CO. LTD. now owns 93,832 shares of the company’s stock valued at $12,376,000 after acquiring an additional 11,832 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Thomson Reuters by 10.5% in the fourth quarter. Bank of New York Mellon Corp now owns 493,071 shares of the company’s stock valued at $65,031,000 after acquiring an additional 46,680 shares in the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new position in Thomson Reuters during the fourth quarter worth about $4,292,000. 17.31% of the stock is owned by institutional investors and hedge funds.

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

Thomson Reuters Company Profile

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.