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After National Bank and Scotiabank gave Thomson Reuters Corp (NYSE: TRI) a Buy rating last month, the company received another Buy, this time from Morgan Stanley. Analyst Toni Kaplan maintained a Buy rating on Thomson Reuters Corp today and set a price target of $51. The company’s shares closed on Friday at $45.64.
According to TipRanks.com, Kaplan is a 2-star analyst with an average return of 0.6% and a 52.5% success rate. Kaplan covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Factset Research, and Nielsen Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Thomson Reuters Corp with a $48.80 average price target, implying a 6.9% upside from current levels. In a report issued on October 4, National Bank also maintained a Buy rating on the stock.
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The company has a one-year high of $48.61 and a one-year low of $36.52. Currently, Thomson Reuters Corp has an average volume of 2.55M.
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Thomson Reuters Corp. engages in the provision of news and information for professional markets. It operates through the following business segments: Financial & Risk, Legal, and Tax & Accounting.
