Thomson Reuters Corporation (TRI)
NYSE: TRI · Real-Time Price · USD
168.77
-1.51 (-0.88%)
Sep 20, 2024, 10:12 AM EDT - Market open
Thomson Reuters Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Thomson Reuters stock have an average target of 171.1, with a low estimate of 130 and a high estimate of 225. The average target predicts an increase of 1.38% from the current stock price of 168.77.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TRI stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 8 | 9 | 9 | 9 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 13 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold → Buy Upgrades $164 → $182 | Hold → Buy | Upgrades | $164 → $182 | +7.84% | Aug 27, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $163 → $164 | Hold | Maintains | $163 → $164 | -2.82% | Aug 2, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $170 → $168 | Hold | Maintains | $170 → $168 | -0.45% | Aug 2, 2024 |
| UBS | UBS | Strong Buy Maintains $177 → $190 | Strong Buy | Maintains | $177 → $190 | +12.58% | May 3, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $149 → $156 | Hold | Maintains | $149 → $156 | -7.56% | May 3, 2024 |
Financial Forecast
Revenue This Year
7.35B
from 6.79B
Increased by 8.15%
Revenue Next Year
7.86B
from 7.35B
Increased by 6.94%
EPS This Year
3.78
from 5.80
Decreased by -34.73%
EPS Next Year
4.21
from 3.78
Increased by 11.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7B | 8.2B | 9.1B | ||
| Avg | 7.3B | 7.9B | 8.5B | ||
| Low | 7.1B | 7.5B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.9% | 12.2% | 15.3% | ||
| Avg | 8.2% | 6.9% | 7.8% | ||
| Low | 4.2% | 2.7% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.00 | 4.53 | 5.20 | ||
| Avg | 3.78 | 4.21 | 4.74 | ||
| Low | 3.61 | 3.71 | 4.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -31.0% | 19.6% | 23.4% | ||
| Avg | -34.7% | 11.3% | 12.6% | ||
| Low | -37.8% | -1.8% | 4.7% |
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.