Share on StockTwits

Shares of Thomson Reuters (TSE:TRI) have earned a consensus recommendation of “Hold” from the twelve brokerages that are currently covering the stock, American Banking News reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$40.67.

Thomson Reuters (TSE:TRI) traded down 0.53% on Friday, hitting $40.97. The stock had a trading volume of 248,815 shares. Thomson Reuters has a one year low of $34.52 and a one year high of $42.10. The stock’s 50-day moving average is $39. and its 200-day moving average is $38.80. The company has a market cap of $33.183 billion and a P/E ratio of 69.81.

Thomson Reuters (TSE:TRI) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05. On average, analysts predict that Thomson Reuters will post $1.92 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 3.20%.

Several analysts have recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Thomson Reuters from C$43.00 to C$45.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Analysts at TD Securities upgraded shares of Thomson Reuters from a “hold” rating to a “buy” rating in a research note on Monday, June 2nd.

Thomson Reuters Corporation (TSE:TRI) is a provider of information for the world’s businesses and professionals.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.