Brokerage Firm Rating Update on Thomson Reuters Corp (TRI)

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) : 9 Wall Street analysts covering Thomson Reuters Corp (TRI) believe that the average level the stock could reach for the short term is $43.18. The maximum price target given is $53 and the minimum target for short term is around $39, hence the standard deviation is calculated at $4.23.


Company shares have received an average consensus rating of Hold for the current week Also, Macquarie initiates coverage on Thomson Reuters Corp (NYSE:TRI). Macquarie has a Neutral rating on the shares. The rating by the firm was issued on August 25, 2016.

Thomson Reuters Corp (NYSE:TRI): stock was range-bound between the intraday low of $42.05 and the intraday high of $42.56 after having opened at $42.52 on Wednesdays session. The stock finally closed in the red at $42.52, a loss of -0.82%. The stock remained in the red for the whole trading day. The total traded volume was 1,812,008 shares. The stock failed to cross $42.56 in Wednesdays trading. The stocks closing price on Thursday was $42.47.

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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