Thomson Reuters (NASDAQ:TRI) Stock Rating Upgraded by Huber Research

Thomson Reuters (NASDAQ:TRI) was upgraded by stock analysts at Huber Research to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

TRI has been the subject of several other research reports. TD Securities upgraded shares of Thomson Reuters from a “hold” rating to a “buy” rating in a research note on Thursday, August 28th. Wall Street Zen lowered shares of Thomson Reuters from a “hold” rating to a “sell” rating in a research note on Friday, September 5th. Scotiabank upgraded shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 6th. The Goldman Sachs Group upgraded shares of Thomson Reuters from a “hold” rating to a “buy” rating and set a $186.00 price objective for the company in a research note on Wednesday, October 15th. Finally, Cibc World Mkts upgraded shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 19th. Four investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $186.00.

Thomson Reuters Stock Up 1.3%

Shares of TRI stock opened at $163.13 on Monday. The business’s 50 day moving average is $165.48. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.79 and a current ratio of 0.79. Thomson Reuters has a 12-month low of $149.47 and a 12-month high of $218.42. The stock has a market cap of $72.86 billion, a price-to-earnings ratio of 45.06, a P/E/G ratio of 5.23 and a beta of 0.74.

Thomson Reuters (NASDAQ:TRI) last issued its quarterly earnings results on Tuesday, February 8th. The company reported $0.54 earnings per share (EPS) for the quarter. Thomson Reuters had a net margin of 22.34% and a return on equity of 14.04%. The company had revenue of $1.62 billion during the quarter.

Thomson Reuters Company Profile

Thomson Reuters Corporation provides 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.