Thomson Reuters Corp found using ticker (TRI) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 50.38 and 35.42 calculating the average target price we see 46.09. Given that the stocks previous close was at 83.33 this is indicating there is a potential downside of -44.7%. The 50 day MA is 81.42 and the 200 moving average now moves to 73.74. The market cap for the company is $42,135m. Company Website: http://www.thomsonreuters.com
Thomson Reuters Corporation provides news and business information services to professionals in the United States, Other Americas, Europe, the Middle East, Africa, and the Asia- Pacific. It operates through five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of services across legal, tax, regulatory, and compliance functions to corporate customers, including accounting firms. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, national, and international news to professionals through desktop terminals, media organizations, and industry events, as well as directly to consumers. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. Thomson Reuters Corporation was founded in 1799 and is headquartered in Toronto, Canada. Thomson Reuters Corporation is a subsidiary of The Woodbridge Company Limited.