In a latest note to investors, a research analyst has provided a rating update for the Services sector company, Thomson Reuters (TSX: TRI). Analyst Adam Shine from National Bank reiterated a Buy rating, with a C$60 price target today.
According to TipRanks.com, Shine is ranked #2807 out of 4872 analysts.
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Currently, the analyst consensus on Thomson Reuters is a Moderate Buy with an average price target of C$50, a -13.9% downside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a C$45 price target.
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The company has a one-year high of C$61.11 and a one-year low of C$46.69. Currently, Thomson Reuters has an average volume of 644K.
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.
The company’s shares closed on Wednesday at C$58.06.
