Royal Bank Of Canada restated their sector perform rating on shares of Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) in a report issued on Thursday morning, StockTargetPrices.com reports. Royal Bank Of Canada currently has a C$59.00 target price on the stock.

TRI has been the subject of a number of other research reports. TD Securities lowered their price objective on shares of Thomson Reuters Corp to C$77.00 and set a hold rating for the company in a research report on Thursday, July 20th. Scotiabank reaffirmed a sector perform rating and set a C$43.00 price objective on shares of Thomson Reuters Corp in a research report on Tuesday, April 25th. Macquarie boosted their price objective on shares of Thomson Reuters Corp from C$49.90 to C$70.00 in a research report on Thursday, June 15th. National Bank Financial raised shares of Thomson Reuters Corp from a sector perform market weight rating to an outperform market weight rating in a research report on Monday, April 17th. Finally, Berenberg Bank reaffirmed a sell rating and set a C$50.00 price objective on shares of Thomson Reuters Corp in a research report on Thursday, April 20th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of C$57.38.

Thomson Reuters Corp (TSE:TRI) opened at 59.82 on Thursday. Thomson Reuters Corp has a 12-month low of $52.01 and a 12-month high of $62.83. The stock has a market cap of $43.13 billion and a price-to-earnings ratio of 14.69. The company’s 50 day moving average price is $59.32 and its 200-day moving average price is $58.73.

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The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 17th will be given a $0.345 dividend. This represents a $1.38 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Tuesday, August 15th.

In other Thomson Reuters Corp news, Director Brian S. Peccarelli sold 12,500 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of C$44.19, for a total value of C$552,375.00. Also, Director Neil Thomas Masterson sold 92,165 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of C$47.52, for a total transaction of C$4,379,680.80. In the last 90 days, insiders sold 116,287 shares of company stock valued at $5,454,749.

About Thomson Reuters Corp

Thomson Reuters Corporation provides news and information for professional markets worldwide. It operates through three segments: Financial & Risk, Legal, and Tax & Accounting. The company sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.

Stock Target Prices

Analyst Recommendations for Thomson Reuters Corp (TSE:TRI)

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