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Analysts say Hold Thomson Reuters shares

Thomson Reuters shares have received a consensus rating of Hold from the 14 brokerages that cover the company.

One research analyst rates the stock Sell, seven say Hold and six say Buy.

The average 12-month target price among brokers that have covered the stock in the last year is $38.57.

TRI has been the subject of a number of recent research reports. Price targets for the stock range from $34.00 (Deutsche Bank, JPMorgan Chase and Piper Jaffray) to $44.00 (TD Securities).

The firm’s shares traded on the New York Stock Exchange were 0.62 per cent higher at $35.66 on Tuesday. Their range over the past 12 months is $31.38-$38.73.

Shares traded on the Toronto Stock Exchange were 0.83 per cent higher at C$38.75. Their 12-month range is C$33.08-C$42.10. ■

SOURCE
Analyst Ratings Network