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Thomson Reuters stock plumbs new 52-week low ahead of Thanksgiving

Wednesday 23 November 2011

Thomson Reuters shares plumbed a new 52-week low in New York on Wednesday as markets headed into the US Thanksgiving Day holiday. The stock traded at $25.75, below its previous 52-week low of $26.11, before recovering slightly to close 2.40 per cent down at $26.06.

TRI’s average volume has been 1.3 million shares over the past 30 days. Over the past 52 weeks, the shares have traded between today’s low of $25.75 and a high of $42.15.

Financial News Network said the stock has potential upside of 27.1 per cent. Analysts’ consensus price target is $32.86. ■

SOURCE
The Street