Analysts lower TRI price target to $26
Thursday 15 December 2011
Equities research analysts at Piper Jaffray lowered their price target on Thomson Reuters shares to $26.00 on Thursday in a research note issued to investors.
TRI opened at $26.18 in New York. Thomson Reuters has a 52-week low of $25.58 and a 52-week high of $42.15. The stock’s 50-day moving average is $27.87 and its 200-day moving average is $31.20. The company’s market capitalisation is $21.665 billion and price-to-earnings ratio 15.68. ■