Thomson Reuters Corp (TRI) Director Sells C$133,332.48 in Stock
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Ruth Clamp-Held sold 2,592 shares of the business’s stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of C$51.44, for a total value of C$133,332.48.
Shares of TRI opened at C$67.18 on Friday. The company has a debt-to-equity ratio of 58.70, a current ratio of 2.45 and a quick ratio of 0.21. Thomson Reuters Corp has a 52 week low of C$46.69 and a 52 week high of C$68.70.
Thomson Reuters (TSE:TRI) (NYSE:TRI) last issued its quarterly earnings data on Tuesday, November 6th. The company reported C$0.15 EPS for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.09. The company had revenue of C$1.69 billion for the quarter, compared to the consensus estimate of C$1.70 billion. Sell-side analysts forecast that Thomson Reuters Corp will post 1.34000002516801 EPS for the current fiscal year.
A number of brokerages recently commented on TRI. BMO Capital Markets boosted their target price on Thomson Reuters from C$69.00 to C$73.00 in a research report on Wednesday. National Bank Financial boosted their target price on Thomson Reuters from C$59.00 to C$60.00 and gave the company an “outperform” rating in a research report on Wednesday, August 29th. Berenberg Bank decreased their target price on Thomson Reuters from C$45.00 to C$44.00 in a research report on Thursday, August 30th. Finally, TD Securities boosted their target price on Thomson Reuters from C$69.00 to C$80.00 and gave the company a “buy” rating in a research report on Wednesday.
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About Thomson Reuters
Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.
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