Thomson Reuters Corp (TRI) PT Lowered to C$60.50
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) had its price target dropped by stock analysts at Royal Bank Of Canada to C$60.50 in a research note issued on Thursday, StockTargetPrices.com reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 0.30% from the stock’s previous close.
Several other equities research analysts have also recently commented on the company. National Bank Financial increased their price objective on Thomson Reuters Corp from C$66.00 to C$69.00 and gave the company an “outperform” rating in a research report on Thursday. TD Securities dropped their price objective on Thomson Reuters Corp from C$65.00 to C$64.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Scotiabank raised Thomson Reuters Corp from a “sector perform” rating to an “outperform” rating and set a C$69.00 price objective on the stock in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Thomson Reuters Corp presently has an average rating of “Buy” and a consensus price target of C$61.31.
In other Thomson Reuters Corp news, Director Peter Warwick sold 91,156 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of C$45.87, for a total value of C$4,181,325.72.
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.
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