A statement released earlier today by Berenberg about Thomson Reuters (NYSE:TRI) bumps the target price to $37.00
- Updated: April 20, 2017
Berenberg increased the target price of Thomson Reuters (NYSE:TRI) to $37.00 reporting a potential downside of -0.15%.
Having a price of $43.35, Thomson Reuters (NYSE:TRI) traded 0.14% higher on the day. With the last stock price up 0.78% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. TRI has recorded a 50-day average of $43.17 and a two hundred day average of $43.02. Trade Volume was down over the average, with 743,916 shares of TRI changing hands under the typical 1,270,350
Recent Performance Chart
Thomson Reuters has price-earnings ratio of 10.48 with a one year low of $38.23 and a one year high of $45.68 and has a total market value of $0.
A total of 15 firms have reported on the stock. 1 brokerage rating the stock a strong buy, 4 brokers rating the stock a buy, 10 brokers rating the stock a hold, zero analysts rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $41.92.
Brief Synopsis On Thomson Reuters (NYSE:TRI)
Thomson Reuters Corporation (Thomson Reuters) is a 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 segment is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals. The Legal segment is a provider of critical online and print information, decision tools, software and services that support legal, investigation, business and government professionals around the world. The Tax & Accounting segment is a provider of integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. The Company also operates Reuters, Global Growth Organization (GGO), and Enterprise Technology & Operations (ET&O). Thomson Reuters operates in over 100 countries.
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