Thomson Reuters Corporation (TRI)
NYSE: TRI · Real-Time Price · USD
160.46
+0.26 (0.16%)
Nov 21, 2024, 9:30 AM EST - Market open
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 11.17% from the current stock price of 160.46.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 9 | 9 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $182 → $187 | Buy | Maintains | $182 → $187 | +16.54% | Nov 6, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $171 → $173 | Hold | Maintains | $171 → $173 | +7.82% | Nov 6, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $164 → $182 | Hold → Buy | Upgrades | $164 → $182 | +13.43% | Aug 27, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $163 → $164 | Hold | Maintains | $163 → $164 | +2.21% | Aug 2, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $170 → $168 | Hold | Maintains | $170 → $168 | +4.70% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
7.35B
from 6.79B
Increased by 8.18%
Revenue Next Year
7.86B
from 7.35B
Increased by 6.93%
EPS This Year
3.78
from 5.80
Decreased by -34.81%
EPS Next Year
4.24
from 3.78
Increased by 12.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7B | 8.2B | 9.1B | ||
| Avg | 7.4B | 7.9B | 8.5B | ||
| Low | 7.1B | 7.5B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.9% | 12.1% | 15.3% | ||
| Avg | 8.2% | 6.9% | 7.6% | ||
| Low | 4.2% | 2.6% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.00 | 4.53 | 5.20 | ||
| Avg | 3.78 | 4.24 | 4.74 | ||
| Low | 3.60 | 4.02 | 4.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -31.0% | 19.8% | 22.7% | ||
| Avg | -34.8% | 12.1% | 12.0% | ||
| Low | -37.9% | 6.3% | 4.1% |
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.