Thomson Reuters Co. (TSE:TRI - Get Free Report) NYSE: TRI Senior Officer Mary Alice Vuicic sold 8,621 shares of the firm's 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
TSE TRI traded down C$0.78 during trading hours on Thursday, hitting C$267.62. 78,783 shares of the company's stock traded hands, compared to its average volume of 347,136. The company has a current ratio of 0.94, a quick ratio of 0.52 and a debt-to-equity ratio of 24.28. Thomson Reuters Co. has a 52 week low of C$214.51 and a 52 week high of C$273.59. The firm has a market capitalization of C$84.54 billion, a P/E ratio of 40.30, a P/E/G ratio of 3.64 and a beta of 0.40. The business's fifty day moving average price is C$260.54 and its two-hundred day moving average price is C$247.98.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. Bank of America set a C$255.00 price target on shares of Thomson Reuters and gave the company a "neutral" rating in a report on Thursday, April 10th. Scotiabank downgraded Thomson Reuters from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 2nd. BMO Capital Markets lifted their target price on Thomson Reuters from C$265.00 to C$280.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Finally, Canaccord Genuity Group boosted their price target on Thomson Reuters from C$175.00 to C$181.00 and gave the stock a "hold" rating in a research note on Friday, May 2nd. Five research 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$252.40.
Read Our Latest Analysis on Thomson Reuters
Thomson Reuters Company Profile
(
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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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