Shares of Thomson Reuters Co. (TSE:TRI – Get Free Report) (NYSE:TRI) have been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$189.63.
Several research analysts recently commented on the company. National Bankshares raised their target price on Thomson Reuters from C$219.00 to C$231.00 and gave the stock a “sector perform” rating in a research report on Friday, August 2nd. TD Securities upped their target price on shares of Thomson Reuters from C$230.00 to C$235.00 and gave the stock a “hold” rating in a report on Thursday, June 20th.
View Our Latest Stock Analysis on Thomson Reuters
Insiders Place Their Bets
Thomson Reuters Trading Up 0.1 %
Shares of Thomson Reuters stock opened at C$218.35 on Friday. The company’s fifty day simple moving average is C$228.48 and its 200-day simple moving average is C$218.93. The company has a market cap of C$98.37 billion, a price-to-earnings ratio of 31.13, a PEG ratio of 3.64 and a beta of 0.38. The company has a current ratio of 0.97, a quick ratio of 0.52 and a debt-to-equity ratio of 37.11. Thomson Reuters has a 1 year low of C$163.01 and a 1 year high of C$242.92.
Thomson Reuters Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date is Thursday, August 15th. Thomson Reuters’s dividend payout ratio is currently 41.94%.
About Thomson Reuters
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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