Thomson Reuters Corp which can be found using ticker (TRI) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 150 and 90.21 suggesting an average Analsyt target price of $124.83. Given that the stocks previous close was at $131.51 this would indicate that there is a downside of -5.1%. It’s also worth noting that there is a 50 day moving average of $126.58 and the 200 day moving average is $115.53. The market capitalization for the company is $62,249m. Find out more information at: https://www.thomsonreuters.com
The potential market cap would be $59,087m based on the market consensus.
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is headquartered in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.
The company has a dividend yield of 1.49% with the ex dividend date set at 22-2-2023 (DMY).
Other points of data to note are a P/E ratio of 46.38, revenue per share of 13.7 and a 5.06% return on assets.
