Impact of Brokerage Rating on Thomson Reuters Corp(TRI)

Many Thomson Reuters Corp(TRI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Thomson Reuters Corp was Downgraded by National Bank Financial to Sector Perform on Dec 12, 2016.

Thomson Reuters Corp Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.56. The company had revenue of $2860.00 million for the quarter, compared to analysts expectations of $2894.91 million. The companys revenue was down -9.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.65 EPS.

Thomson Reuters Corp (NYSE:TRI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.78 by 9 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.

Thomson Reuters Corp (NYSE:TRI): 8 analysts have set the short term price target of Thomson Reuters Corp (NYSE:TRI) at $43.42. The standard deviation of short term price target has been estimated at $1.6, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 46 and $42 respectively.

Thomson Reuters Corp (NYSE:TRI) rose 0.07% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $44.8 the stock was seen hitting $45.06 as a peak level and $44.7 as the lowest level. The stock ended up at $44.86. The daily volume was measured at 703,909 shares. The 52-week high of the share price is $45.68 and the 52-week low is $35.26. The company has a market cap of $32,960 million.

Thomson Corporation is a leading provider of value-added information and technology to users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare.

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