Research Analysts Offer Predictions for Thomson Reuters Corp’s Q3 2017 Earnings (TRI)
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) – Investment analysts at National Bank Financial increased their Q3 2017 earnings per share (EPS) estimates for Thomson Reuters Corp in a research report issued to clients and investors on Sunday. National Bank Financial analyst A. Shine now anticipates that the company will earn $0.76 per share for the quarter, up from their prior estimate of $0.71. National Bank Financial has a “Outperform” rating and a $66.00 price objective on the stock. National Bank Financial also issued estimates for Thomson Reuters Corp’s FY2017 earnings at $3.16 EPS, FY2018 earnings at $3.40 EPS and FY2019 earnings at $3.71 EPS.
ILLEGAL ACTIVITY NOTICE: “Research Analysts Offer Predictions for Thomson Reuters Corp’s Q3 2017 Earnings (TRI)” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/10/31/research-analysts-offer-predictions-for-thomson-reuters-corps-q3-2017-earnings-tri.html.
Several other analysts have also weighed in on TRI. TD Securities lifted their price objective on shares of Thomson Reuters Corp from C$61.00 to C$65.00 and gave the company a “hold” rating in a research note on Wednesday, August 2nd. Scotiabank lifted their price objective on shares of Thomson Reuters Corp to C$47.00 and gave the company a “sector perform” rating in a research note on Thursday, August 3rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$59.00 price objective on shares of Thomson Reuters Corp in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of C$60.88.
In other Thomson Reuters Corp news, insider Stephane Bello sold 78,800 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of C$47.58, for a total transaction of C$3,749,304.00. Also, Director Neil Thomas Masterson sold 92,165 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of C$47.52, for a total transaction of C$4,379,680.80. Insiders have sold a total of 262,421 shares of company stock valued at $12,324,147 in the last 90 days.
About Thomson Reuters Corp
Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.
Receive News & Ratings for Thomson Reuters Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters Corp and related companies with MarketBeat.com's FREE daily email newsletter.