Thomson Reuters Co. (TSE:TRI - Get Free Report) NYSE: TRI Senior Officer Mary Alice Vuicic sold 8,621 shares of Thomson Reuters stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of C$269.21, for a total transaction of C$2,320,816.31.
Thomson Reuters Stock Performance
Shares of TRI traded down C$0.97 during midday trading on Friday, reaching C$266.18. 644,919 shares of the stock were exchanged, compared to its average volume of 349,902. The business's 50-day moving average price is C$261.73 and its 200 day moving average price is C$248.51. The company has a debt-to-equity ratio of 24.28, a current ratio of 0.94 and a quick ratio of 0.52. Thomson Reuters Co. has a twelve month low of C$214.51 and a twelve month high of C$273.59. The company has a market capitalization of C$84.09 billion, a price-to-earnings ratio of 40.08, a PEG ratio of 3.64 and a beta of 0.40.
Analyst Upgrades and Downgrades
TRI has been the subject of a number of research reports. Bank of America set a C$255.00 price objective on Thomson Reuters and gave the company a "neutral" rating in a research note on Thursday, April 10th. BMO Capital Markets lifted their target price on Thomson Reuters from C$265.00 to C$280.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Scotiabank lowered shares of Thomson Reuters from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 2nd. Finally, Canaccord Genuity Group increased their target price on shares of Thomson Reuters from C$175.00 to C$181.00 and gave the stock a "hold" rating in a report on Friday, May 2nd. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of C$252.40.
Read Our Latest Research Report on TRI
About Thomson Reuters
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Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
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