TSE:TRI

Thomson Reuters Corp (TRI.TO)

158.85
-6.40 (3.87%)
as of Nov 6, 2026, 9:00:00 pm Market Closed.
227 watching
0
BUY
A very compelling story. There will be throwing off $2 billion a year in free cash flow. The merger savings they are expected to realize is about $650 million, but expect to lose $150 million revenue.
TOP PICK
One of the leading providers of information into the legal sector and health care. Expect to see some real solid profitability increases. The synergies with the merger of Reuters are going to be huge.
TOP PICK
Reuters was an accretive acquisition that makes them one of the two pre-eminent news providers and financial services going forward with good earnings growth of 10% to 15%. Thinks there is some short covering in advance of the deal that is being completed next week.
DON'T BUY
The model price is $34.09 giving it a negative differential of 5%, which is an improvement. He has been bearish on this stock for over 5 years. His only proviso is that the Reuters acquisition has not as yet been included in his numbers.
HOLD
Looking at this one because it has become incredibly cheap at 14.5X next year's earnings based on 1st call estimates. Provides a potential opportunity.
DON'T BUY
Going through a merger. They serve primarily financial services, resulting in the poor performance. Over the long term they will have strong cash flow growth, not time to enter though.
SELL
The merger that was just approved is an interesting event, putting the two companies together will be very difficult. Wouldn’t buy today. Sell.
TOP PICK
They’ve finally approved their merger. Major players in legal information. People underestimate the synergies that will come from merger. Return on equity has finally began to move upwards.
BUY
Very disappointed with the performance. Reuters acquisition was a great one. Good record of integrating acquisitions. Reuters just announced better-than-expected earnings. Stock is coming down because of concerns about the spending of financial services firms. Short term, demand is viewed to be weak. Longer term, there will be increasing deployment of their services. Attractive price.
TOP PICK
A lot of arbitragers are still tied into the Reuters stock and there really has only been a one-way street where they could sell. Once the deal closes, he expects to see a little bit of buying. Likes the deal and Reuters looks like they are beating their targets. Thomson’s last quarter was great. Valuation is as cheap as he has ever seen it.
HOLD
(Market Call Minute.) Decent company and well diversified assets but tends to trade on the expensive side.
TOP PICK
All the approvals for the Reuters April acquisition look like they are in place. Stock is about 8X EBITDA but historically was 11. Because of Reuters, they will have exposure to financial business and services outlook in general.
DON'T BUY
Getting close to his model price of $32.59. That's a negative 6% differential. When the Reuters acquisition closes that will come on its balance sheet making it look quite a bit different. He guesses that his model price will deteriorate further.
HOLD
(Market Call Minute.) Has been dead money for years and years and in spite of the purchase of Reuters, there is still no real catalyst for the stock.
TOP PICK
Dividend is now over 3%. Looks like they are getting approval for the Reuters transaction. This will provide them with some great synergies. Very attractive price.
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