Thomson Reuters (TSE:TRI) Given New C$140.00 Price Target at CIBC World Markets

Thomson Reuters (TSE:TRI) (NYSE:TRI) had its target price cut by analysts at CIBC World Markets from C$183.00 to C$140.00 in a report issued on Saturday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC World Markets’ price objective suggests a potential upside of 16.49% from the company’s previous close.

TRI has been the subject of several other research reports. The Goldman Sachs Group raised Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. BMO Capital Markets reduced their target price on shares of Thomson Reuters from C$275.00 to C$165.00 in a research note on Friday. Huber Research upgraded shares of Thomson Reuters to a “strong-buy” rating in a report on Monday, October 20th. Canadian Imperial Bank of Commerce lowered their target price on shares of Thomson Reuters from C$183.00 to C$140.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, National Bankshares cut their target price on Thomson Reuters from C$300.00 to C$190.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Five investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$178.00.

Thomson Reuters Stock Down 0.6%

TRI traded down C$0.77 on Friday, reaching C$120.18. 1,434,998 shares of the company traded hands, compared to its average volume of 775,234. The stock’s 50 day moving average price is C$171.97 and its 200-day moving average price is C$208.43. The company has a market cap of C$53.48 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 3.64 and a beta of -0.02. Thomson Reuters has a 52-week low of C$116.21 and a 52-week high of C$299.24. The company has a debt-to-equity ratio of 24.28, a current ratio of 0.94 and a quick ratio of 0.52.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last posted its quarterly earnings results on Thursday, February 5th. The company reported C$1.47 EPS for the quarter. Thomson Reuters had a net margin of 32.12% and a return on equity of 20.19%. The business had revenue of C$2.76 billion for the quarter. On average, sell-side analysts expect that Thomson Reuters will post 5.6395803 EPS for the current fiscal year.

Key Thomson Reuters News

Here are the key news stories impacting Thomson Reuters this week:

• Positive Sentiment: Q4 results showed underlying strength — TRI reported C$1.47 EPS and C$2.76B revenue with a 32% net margin, reinforcing profitability and supporting the company’s AI-related growth narrative. Q4 Earnings Highlights
• Positive Sentiment: Management framed recent weakness in software/AI stocks as sentiment-driven rather than fundamental, a message aimed at calming investors and defending valuation. CEO Comments on Software Stocks
• Neutral Sentiment: Market coverage includes full Q4 earnings call transcripts and writeups highlighting revenue growth and AI initiatives — useful for investors wanting detail but not a clear immediate catalyst. Earnings Call Transcript
• Negative Sentiment: Multiple major banks cut price targets today — TD lowered its target to C$175 (from C$285), BMO to C$165 (from C$275), and CIBC to C$140 (from C$183). Though several firms kept buy/outperform ratings, the across‑the‑board target reductions are putting downward pressure on the share price. BayStreet.CA Analyst Ratings
• Negative Sentiment: National Bank also trimmed its target on adjusted valuation assumptions, adding to the negative analyst tone and raising questions about near‑term valuation multiples. National Bank Cuts Target

Thomson Reuters Company Profile

Thomson Reuters is the result of the $17.6 billion megamerger of Canada’s Thomson and the United Kingdom’s Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, WestLaw, and its tax accounting software, OneSource. In addition, the company does hold a significant investment in the publicly traded Tradeweb, which operates a fixed income exchange.