Thomson Reuters Corp with ticker code (TRI) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 138 and 89.34 and has a mean target at $122.04. Now with the previous closing price of $123.84 this would indicate that there is a downside of -1.5%. It’s also worth noting that there is a 50 day moving average of $119.90 and the 200 moving average now moves to $111.31. The market cap for the company is $58,664m. You can visit the company’s website by visiting: https://www.thomsonreuters.com
The potential market cap would be $57,812m 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 1.61% with the ex dividend date set at 22-2-2023 (DMY).
Other points of data to note are a P/E ratio of 42.58, revenue per share of 13.7 and a 5.06% return on assets.
