Thomson Reuters (TSE:TRI) (NYSE:TRI) had its price target lifted by stock analysts at BMO Capital Markets from C$69.00 to C$73.00 in a report issued on Wednesday. BMO Capital Markets’ target price indicates a potential upside of 7.12% from the stock’s current price.

A number of other brokerages have also commented on TRI. National Bank Financial lifted their price target on Thomson Reuters from C$69.00 to C$73.00 and gave the stock an “outperform” rating in a report on Wednesday. TD Securities lifted their price target on Thomson Reuters from C$69.00 to C$80.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Berenberg Bank dropped their price target on Thomson Reuters from C$45.00 to C$44.00 in a report on Thursday, August 30th.

TRI stock opened at C$68.15 on Wednesday. Thomson Reuters has a twelve month low of C$46.69 and a twelve month high of C$68.70. The company has a quick ratio of 0.21, a current ratio of 2.45 and a debt-to-equity ratio of 58.70.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last posted its earnings results on Tuesday, November 6th. The company reported C$0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.06 by C$0.09. The company had revenue of C$1.69 billion during the quarter, compared to the consensus estimate of C$1.70 billion. As a group, equities research analysts predict that Thomson Reuters will post 1.34000002516801 earnings per share for the current year.

In related news, insider Brian Louis Scanlon sold 43,797 shares of Thomson Reuters stock in a transaction on Thursday, November 8th. The stock was sold at an average price of C$47.61, for a total transaction of C$2,085,175.17. Also, Director Ruth Clamp-Held sold 2,592 shares of Thomson Reuters stock in a transaction on Tuesday, December 4th. The stock was sold at an average price of C$51.44, for a total value of C$133,332.48. Insiders have sold 186,665 shares of company stock worth $8,751,016 over the last quarter.

About Thomson Reuters

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It 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.

Read More: Quiet Period

Receive News & Ratings for Thomson Reuters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters and related companies with MarketBeat.com's FREE daily email newsletter.