Zacks Rating on Thomson Reuters Corp (TRI)

Thomson Reuters Corp (TRI) : 10 analysts are covering Thomson Reuters Corp (TRI) and their average rating on the stock is 2.6, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Thomson Reuters Corp (TRI) : The highest short term price target forecast on Thomson Reuters Corp (TRI) is $53 and the lowest target price is $39. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $42.96 with a standard deviation of $4.36.


Shares of Thomson Reuters Corporation appreciated by 0.7% during the last five trading days but lost 3.43% on a 4-week basis. Thomson Reuters Corporation is up 1.13% in the last 3-month period. Year-to-Date the stock performance stands at 12.69%. Thomson Reuters Corp (NYSE:TRI): stock turned positive on Tuesday. Though the stock opened at $41.96, the bulls momentum made the stock top out at $41.96 level for the day. The stock recorded a low of $41.525 and closed the trading day at $41.57, in the green by 0.07%. The total traded volume for the day was 866,670. The stock had closed at $41.54 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.

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