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TRI target price in Toronto raised to C$44

Equities researchers at TD Securities raised their price target on Thomson Reuters shares C$44 from C$40 in a research report issued on Friday.

The firm currently has a Hold rating on the stock. Its price objective indicates a potential upside of 18.25 per cent from TRI’s current price.

Thomson Reuters shares opened at C$37.93 and closed 0.55 per cent higher at C$38.14 on the Toronto Stock Exchange on Friday. Its 52-week range is C$31.79 to C$42.10. 

One research analyst has rated the stock Sell, eight have given a Hold rating and four have issued a Buy rating. The consensus rating is Hold and the average price target C$40.00. ■