Thomson Reuters has received mixed ratings from analysts, with differing perspectives on the company's stock performance.
National Bank Financial upgraded the stock to an "outperform" rating, while Scotiabank raised its price target. However, StockNews.com downgraded the stock to a "sell" rating. Royal Bank of Canada adjusted its target price, and Wells Fargo & Company initiated coverage with an "equal weight" rating. The overall consensus among analysts shows a mixed sentiment.
Institutional investors have also adjusted their positions in Thomson Reuters, reflecting a strategic interest in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings, and other hedge funds made adjustments to their stakes.
Thomson Reuters has demonstrated solid financial performance, with earnings per share and revenue surpassing estimates. The stock has shown resilience in the market, with a current trading price and a market capitalization.
Thomson Reuters recently declared a quarterly dividend increase, reflecting its commitment to enhancing shareholder value. The company's ability to maintain profitability and deliver returns to investors will be closely monitored.
The decisions made by analysts and institutional investors will shape the future trajectory of Thomson Reuters.