CIBC analyst Scott Fletcher maintained a Hold rating on Thomson Reuters (TRI – Research Report) today and set a price target of $156.00. The company’s shares opened today at $164.50.
According to TipRanks, Fletcher is ranked #7886 out of 8749 analysts.
In addition to CIBC, Thomson Reuters also received a Hold from Scotiabank’s Maher Yaghi in a report issued today. However, on the same day, UBS maintained a Buy rating on Thomson Reuters (NYSE: TRI).
The company has a one-year high of $161.03 and a one-year low of $112.91. Currently, Thomson Reuters has an average volume of 324.8K.
Based on the recent corporate insider activity of 108 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRI in relation to earlier this year.
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Thomson Reuters (TRI) Company Description:
Thomson Reuters Corporation is a multinational media conglomerate which engages in providing news and business information services to professionals. It offers value-added information and technology to users in the fields of accounting, financial services, law, tax, corporate training and assessment, reference information, higher education, scientific research and healthcare.
