Thomson Reuters Corp (TRI) Rating Reiterated by TD Securities
Thomson Reuters Corp (TSE:TRI)‘s stock had its “hold” rating reiterated by stock analysts at TD Securities in a research note issued on Friday. They currently have a C$56.00 price target on the stock. TD Securities’ price target points to a potential upside of 4.09% from the stock’s previous close.
Thomson Reuters Corp (TSE:TRI) opened at 53.80 on Friday. The company has a 50-day moving average of $54.04 and a 200-day moving average of $53.28. The firm has a market cap of $40.11 billion and a price-to-earnings ratio of 32.00. Thomson Reuters Corp has a 1-year low of $47.56 and a 1-year high of $57.66.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Thursday, September 15th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend was Tuesday, August 16th.
In related news, Director Stewart Beaumont sold 17,000 shares of Thomson Reuters Corp stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of C$42.41, for a total transaction of C$720,970.00.
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