Thomson Reuters Corp’s (TRI) “Hold” Rating Reiterated at TD Securities
TD Securities reissued their hold rating on shares of Thomson Reuters Corp (TSE:TRI) in a research report released on Friday morning. TD Securities currently has a C$56.00 price objective on the stock.
Thomson Reuters Corp (TSE:TRI) opened at 54.20 on Friday. The stock has a market capitalization of $40.41 billion and a P/E ratio of 32.24. Thomson Reuters Corp has a 12-month low of $47.56 and a 12-month high of $57.66. The firm’s 50-day moving average is $54.05 and its 200 day moving average is $53.32.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 15th were issued a $0.34 dividend. The ex-dividend date was Tuesday, August 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.51%.
In other news, Director Stewart Beaumont sold 17,000 shares of Thomson Reuters Corp stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of C$42.41, for a total value of C$720,970.00.
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