TD Securities Cuts Thomson Reuters Corp (TRI) Price Target to C$64.00
Other equities analysts also recently issued reports about the company. National Bank Financial boosted their price objective on Thomson Reuters Corp from C$64.00 to C$66.00 and gave the stock an outperform rating in a research report on Monday, July 31st. Scotiabank upgraded Thomson Reuters Corp from a sector perform rating to an outperform rating and set a C$69.00 price objective for the company in a research report on Tuesday, October 17th. Finally, Royal Bank Of Canada reiterated a sector perform rating and set a C$59.00 price objective on shares of Thomson Reuters Corp in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. Thomson Reuters Corp presently has an average rating of Buy and an average price target of C$63.79.
Thomson Reuters Corp (TSE TRI) opened at C$56.89 on Thursday. Thomson Reuters Corp has a 52-week low of C$54.69 and a 52-week high of C$62.83.
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The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 16th will be issued a dividend of $0.345 per share. The ex-dividend date is Wednesday, November 15th. This represents a $1.38 annualized dividend and a yield of 2.43%.
In related news, Director Peter Warwick sold 91,156 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of C$45.87, for a total transaction of C$4,181,325.72.
About Thomson Reuters Corp
Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.
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