Analysts rate Thomson-Reuters as a “Neutral”, Say Stock is Overvalued

Thomson Reuters Corp Stock Forecast:

According to a stock forecast from nine analysts, the average target price for Thomson Reuters Corp over the next 12 months is CAD 149.91. The average analyst rating for the company is “Buy.” Stock Target Advisor’s own analysis suggests a “Neutral” stance, considering eight positive signals and seven negative signals. At the previous closing, Thomson Reuters Corp’s stock price was CAD 182.49. Over the past week, the stock price has increased by +5.80%, over the past month by +7.89%, and over the last year by +30.92%.

Analysts Coverage Change:

  • BMO Capital Markets increased the target price for Thomson Reuters Corp. to $192 and maintains an “Outperform” rating.
  • Barclays reiterates an “Equal Weight” rating for Thomson Reuters Corp.
  • Scotia Capital maintains a “Sector Perform” rating for Thomson Reuters Corp. with a target price of $183.
  • Credit Suisse Group increased the target price for Thomson Reuters Corp. to $145 and maintains a “Neutral” rating.

TRI Stock Forecast & Analysis

According to the Thomson Reuters Corp stock forecast provided by nine analysts, the average analyst target price for the company is CAD 149.91 over the next 12 months. This indicates that, on average, the analysts expect the stock to reach that price within the specified timeframe. Additionally, the average analyst rating for Thomson Reuters Corp is “Buy,” suggesting that most analysts are optimistic about the company’s future performance.

Stock Target Advisor’s analysis of Thomson Reuters Corp rates the stock as “Neutral.” This neutral rating is based on a combination of eight positive signals and seven negative signals identified by the platform. It implies that while there are some positive indicators for the stock, there are also factors that raise concerns or cast doubts on its future prospects.

At the time of the last closing, Thomson Reuters Corp’s stock price stood at CAD 182.49. This means that it has experienced a significant increase of +5.80% over the past week, +7.89% over the past month, and an impressive +30.92% over the last year. These figures demonstrate that the company’s stock price has shown positive momentum in recent periods, potentially reflecting favorable market conditions or positive developments within the company itself.

 

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