Thomson Reuters Corp (TSE:TRI) had its price objective hoisted by research analysts at Goldman Sachs Group Inc. from C$49.00 to C$51.45 in a research note issued on Wednesday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price target indicates a potential downside of 4.97% from the stock’s previous close.
Separately, TD Securities raised their price target on shares of Thomson Reuters Corp from C$53.00 to C$56.00 and gave the company a “hold” rating in a report on Friday, July 29th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Thomson Reuters Corp currently has a consensus rating of “Hold” and a consensus target price of C$54.69.
Shares of Thomson Reuters Corp (TSE:TRI) opened at 54.14 on Wednesday. Thomson Reuters Corp has a 52-week low of $47.56 and a 52-week high of $57.66. The stock’s 50 day moving average is $54.05 and its 200 day moving average is $53.60. The stock has a market capitalization of $40.37 billion and a PE ratio of 32.21.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, September 15th were paid 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 2.51%.
In other Thomson Reuters Corp news, Director Stewart Beaumont sold 17,000 shares of the stock in a transaction on 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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