TRI shares hit 52-week highs in New York and Toronto
Wednesday 12 May 2010
Thomson Reuters reached 52-week highs on the New York and Toronto stock exchanges, closing up 1.2 per cent at $38.88 on NYSE and 0.76 per cent at C$39.60 on TSX.
In New York, TRI shares have risen 7.4 per cent in the past month and 32 per cent in the past year, more than the S&P 500.
Of researchers following Thomson Reuters, ten rate the stock buy, 11 hold and two sell. Royal Bank of Canada projects a target of $45, Bank of America expects the stock to climb to $41. ■
- The Street