Thomson Reuters Corporation (TRI)
NYSE: TRI · Real-Time Price · USD
162.20
-0.58 (-0.36%)
Dec 20, 2024, 4:00 PM EST - Market closed
Thomson Reuters Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Thomson Reuters stock have an average target of 178.38, with a low estimate of 152 and a high estimate of 225. The average target predicts an increase of 9.98% from the current stock price of 162.20.
Analyst Consensus: Buy
* Price targets were last updated on Nov 6, 2024.
Analyst Ratings
The average analyst rating for TRI stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 9 | 6 | 6 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 9 | 9 | 9 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $182 → $187 | Buy | Maintains | $182 → $187 | +15.29% | Nov 6, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $171 → $173 | Hold | Maintains | $171 → $173 | +6.66% | Nov 6, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $164 → $182 | Hold → Buy | Upgrades | $164 → $182 | +12.21% | Aug 27, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $163 → $164 | Hold | Maintains | $163 → $164 | +1.11% | Aug 2, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $170 → $168 | Hold | Maintains | $170 → $168 | +3.58% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
7.34B
from 6.79B
Increased by 8.02%
Revenue Next Year
7.64B
from 7.34B
Increased by 4.16%
EPS This Year
3.75
from 5.80
Decreased by -35.28%
EPS Next Year
4.06
from 3.75
Increased by 8.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7B | 8.2B | 8.8B | ||
| Avg | 7.3B | 7.6B | 8.2B | ||
| Low | 7.1B | 7.3B | 7.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.8% | 11.3% | 14.8% | ||
| Avg | 8.0% | 4.2% | 7.8% | ||
| Low | 4.3% | -0.4% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.97 | 4.44 | 5.05 | ||
| Avg | 3.75 | 4.06 | 4.58 | ||
| Low | 3.50 | 3.77 | 4.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -31.5% | 18.4% | 24.4% | ||
| Avg | -35.3% | 8.2% | 12.7% | ||
| Low | -39.6% | 0.6% | 3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.