Thomson Reuters Corp – Consensus Indicates Potential 5.6% Upside

Broker Ratings

Thomson Reuters Corp found using ticker (TRI) have now 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 135 and 98 with a mean TP of 116.48. Given that the stocks previous close was at 110.32 this indicates there is a potential upside of 5.6%. The day 50 moving average is 105.95 and the 200 moving average now moves to 104.96. The market capitalisation for the company is $52,671m. Company Website: https://www.tr.com

The potential market cap would be $55,612m based on the market concensus.

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Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in 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 content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. 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, and international news to media organizations, professional, and news consumers through news agency and industry events. 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. The company was founded in 1851 and is headquartered in Toronto, Canada. Thomson Reuters Corporation operates a subsidiary of The Woodbridge Company Limited.

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