Thomson Reuters Corp (NYSE:TRI) : Zacks Investment Research ranks Thomson Reuters Corp (NYSE:TRI) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.6, which indicates as a Hold.
Thomson Reuters Corp (NYSE:TRI) : The consensus price target for Thomson Reuters Corp (NYSE:TRI) is $42.85 for the short term with a standard deviation of $4.21. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $53, however, the pessimist price target for the company is $40.
Company shares have received an average consensus rating of Hold for the current week
Thomson Reuters Corp (NYSE:TRI): stock turned positive on Tuesday. Though the stock opened at $38.88, the bulls momentum made the stock top out at $39.11 level for the day. The stock recorded a low of $38.64 and closed the trading day at $38.93, in the green by 0.99%. The total traded volume for the day was 1,155,321. The stock had closed at $38.55 in the previous days trading.
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.