Shares of Thomson Reuters Corp (TSE:TRI) have been assigned a consensus rating of “Hold” from the five analysts that are presently covering the company. Four investment 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 analysts that have issued ratings on the stock in the last year is C$54.69.
A number of equities research analysts have weighed in on TRI shares. TD Securities reaffirmed a “hold” rating and issued a C$56.00 price objective on shares of Thomson Reuters Corp in a report on Friday, August 5th. Goldman Sachs Group Inc. lifted their price objective on Thomson Reuters Corp from C$49.00 to C$51.45 and gave the company a “neutral” rating in a report on Wednesday.
In other Thomson Reuters Corp news, Director Stewart Beaumont sold 17,000 shares of Thomson Reuters Corp stock in a transaction that occurred on Tuesday, September 6th. The stock was sold at an average price of C$42.41, for a total value of C$720,970.00.
Shares of Thomson Reuters Corp (TSE:TRI) opened at 53.81 on Thursday. Thomson Reuters Corp has a 12-month low of $47.56 and a 12-month high of $57.66. The firm has a market cap of $40.12 billion and a PE ratio of 32.01. The company has a 50 day moving average price of $54.06 and a 200 day moving average price of $53.62.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, September 15th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Tuesday, August 16th.
About Thomson Reuters Corp
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