Zacks Investment Research downgraded Thomson Reuters Corp (NYSE:TRI) to Sell in a report released today.
- Updated: October 1, 2016
Just yesterday Thomson Reuters Corp (NYSE:TRI) traded 1.17% higher at $41.25. Thomson Reuters Corp’s 50-day moving average is $41.40 and its 200-day moving average is $41.23. The last stock price is up 0.36% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,172,741 shares of TRI traded hands, up from an average trading volume of 826,947
Zacks Investment Research has downgraded Thomson Reuters Corp (NYSE:TRI) to Sell in a report released on 9/29/2016.
Recent Performance Chart
Thomson Reuters Corp has 52 week low of $33.96 and a 52 week high of $43.68 with a PE ratio of 24.62 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 15 brokerages have issued a ratings update on the company. The average stock price target is $41.92 with 1 brokerage rating the stock a strong buy, 4 brokerages rating the stock a buy, 10 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Thomson Reuters Corp (NYSE:TRI)
Thomson Reuters Corporation is a provider of news and information for professional markets. The Company operates through four business units: Financial & Risk, which provides critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals; Legal, which provides critical online and print information, decision tools, software and services that support legal, investigation, business and government professionals across the world; Tax & Accounting, which provides integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government, and Intellectual Property & Science, which provides intellectual property and scientific information, decision support tools and services for governments, academia, publishers, corporations and law firms to discover, protect and commercialize new ideas and brands.
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