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Thomson Reuters Corp has a consensus price target of $165.62 based on the ratings of 14 analysts. The high is $225 issued by TD Securities on March 13, 2024. The low is $115 issued by Exane BNP Paribas on May 31, 2023. The 3 most-recent analyst ratings were released by Scotiabank, RBC Capital, and Scotiabank on November 6, 2024, November 6, 2024, and August 27, 2024, respectively. With an average price target of $180.67 between Scotiabank, RBC Capital, and Scotiabank, there's an implied 12.17% upside for Thomson Reuters Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Thomson Reuters (NYSE:TRI) was reported by Scotiabank on November 6, 2024. The analyst firm set a price target for $187.00 expecting TRI to rise to within 12 months (a possible 15.75% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Thomson Reuters (NYSE:TRI) was provided by Scotiabank, and Thomson Reuters maintained their sector outperform rating.
The last upgrade for Thomson Reuters Corp happened on August 27, 2024 when Scotiabank raised their price target to $182. Scotiabank previously had a sector perform for Thomson Reuters Corp.
The last downgrade for Thomson Reuters Corp happened on August 3, 2023 when CIBC changed their price target from $140 to $140 for Thomson Reuters Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Thomson Reuters, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Thomson Reuters was filed on November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.
While ratings are subjective and will change, the latest Thomson Reuters (TRI) rating was a maintained with a price target of $182.00 to $187.00. The current price Thomson Reuters (TRI) is trading at is $161.55, which is out of the analyst’s predicted range.
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