Thomson Reuters Corp (TRI) Given New C$51.45 Price Target at Goldman Sachs Group Inc.
Thomson Reuters Corp (TSE:TRI) had its price target hoisted by Goldman Sachs Group Inc. from C$49.00 to C$51.45 in a research note issued to investors on Wednesday. Goldman Sachs Group Inc. currently has a neutral rating on the stock.
Separately, TD Securities reissued a hold rating and issued a C$56.00 price objective on shares of Thomson Reuters Corp in a report on Friday, August 5th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Thomson Reuters Corp currently has a consensus rating of Hold and a consensus target price of C$54.69.
Thomson Reuters Corp (TSE:TRI) opened at 54.11 on Wednesday. Thomson Reuters Corp has a 12-month low of $47.56 and a 12-month high of $57.66. The company has a market cap of $40.35 billion and a price-to-earnings ratio of 32.19. The company’s 50 day moving average is $54.03 and its 200 day moving average is $53.60.
The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 15th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.50%. The ex-dividend date was Tuesday, August 16th.
In other news, Director Stewart Beaumont sold 17,000 shares of the business’s stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of C$42.41, for a total value of C$720,970.00.
About Thomson Reuters Corp
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