Thomson Reuters Corp (TRI) PT Raised to C$51.45
Thomson Reuters Corp (TSE:TRI) had its price objective increased by Goldman Sachs Group Inc. from C$49.00 to C$51.45 in a report issued on Wednesday, StockTargetPrices.com reports. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s target price would indicate a potential downside of 4.95% from the stock’s current price.
Separately, TD Securities reaffirmed a “hold” rating and issued a C$56.00 price target on shares of Thomson Reuters Corp in a research note on Friday, August 5th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Thomson Reuters Corp currently has an average rating of “Hold” and a consensus target price of C$54.69.
Thomson Reuters Corp (TSE:TRI) traded up 0.42% on Wednesday, hitting $54.36. 216,323 shares of the stock traded hands. Thomson Reuters Corp has a 12 month low of $47.56 and a 12 month high of $57.66. The company has a market capitalization of $40.53 billion and a PE ratio of 32.34. The firm has a 50-day moving average price of $53.99 and a 200-day moving average price of $53.59.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, September 15th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Tuesday, August 16th.
In other Thomson Reuters Corp news, Director Stewart Beaumont sold 17,000 shares of the stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of C$42.41, for a total transaction of C$720,970.00.
Thomson Reuters Corp Company Profile
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