Thomson Reuters Corp (TRI) Given Consensus Recommendation of “Hold” by Analysts
Shares of Thomson Reuters Corp (TSE:TRI) have received a consensus recommendation of “Hold” from the five ratings firms that are presently covering the stock. Four analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$54.69.
Several equities analysts recently commented on TRI shares. TD Securities restated a “hold” rating and set a C$56.00 target price on shares of Thomson Reuters Corp in a research report on Friday, September 16th. Goldman Sachs Group Inc. raised their price target on Thomson Reuters Corp from C$49.00 to C$51.45 and gave the company a “neutral” rating in a report on Wednesday, October 5th.
In related news, Director Stewart Beaumont sold 17,000 shares of the firm’s stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of C$42.41, for a total transaction of C$720,970.00.
Shares of Thomson Reuters Corp (TSE:TRI) opened at 53.81 on Thursday. Thomson Reuters Corp has a one year low of $47.56 and a one year high of $57.66. The stock’s 50 day moving average price is $54.07 and its 200 day moving average price is $53.66. The stock has a market capitalization of $40.12 billion and a P/E ratio of 32.01.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Thursday, September 15th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, August 16th. This represents a $1.36 dividend on an annualized basis and a yield of 2.53%.
Thomson Reuters Corp Company Profile
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