Thomson Reuters Corp (TRI) Receives Analyst Rating

Thomson Reuters Corp (TRI) has an average broker rating of 2.6, which is interpreted as a Hold, as rated by 10 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Thomson Reuters Corp (TRI) : Average target price received by Thomson Reuters Corp (TRI) is $43.18 with an expected standard deviation of $4.23. The most aggressive target on the stock is $53, whereas the most downbeat target is $39. 9 financial analysts are currently covering the stock.


Also, Macquarie initiates coverage on Thomson Reuters Corp (NYSE:TRI). The current rating of the shares is Neutral, according to the research report released by the firm. The rating by the firm was issued on August 25, 2016.

Thomson Reuters Corp (NYSE:TRI): After opening at $40.38, the stock dipped to an intraday low of $40.27 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $40.96 and the buying power remained strong till the end. The stock closed at $40.81 for the day, a gain of 0.96% for the day session. The total traded volume was 762,161. The stocks close on the previous trading day was $40.42.

Thomson Reuters Corporation is a provider of intelligent information for businesses and professionals. The Company is organized into four business units: Financial & Risk, Legal, Tax & Accounting and Intellectual Property & Science. Financial & Risk business unit provides news, information and analytics, enabling transactions and bringing together financial communities. It also provides regulatory and operational risk management solutions. Legal business unit provides online and print information, decision tools, software and services that support legal, investigation, business and government professionals. Tax & Accounting business unit provides integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. Intellectual Property & Science business unit provides intellectual property and scientific information, decision support tools and services.

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