Brokers say Hold Thomson Reuters

Four analysts say Buy.

The average 12-month target price among analysts that have issued ratings on Thomson Reuters shares traded on the New York Stock Exchange in the last year is $39.73. TRI is also traded on the Toronto Stock Exchange.

The US shares of Thomson Reuters closed 0.67 per cent higher on Friday at $39.30. Their 52-week range is $33.21 to $41.44. The Canadian shares closed 1.07 per cent higher at C$49.31.

The company’s recently declared quarterly dividend of $0.335 per share will be paid on 16 March to stockholders of record on 23 February. This represents a $1.34 dividend on an annualised basis and a yield of 3.43 per cent. The previous quarterly dividend was $0.33. ■