News coverage about Thomson Reuters (TSE:TRI) (NYSE:TRI) has trended somewhat positive on Sunday, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Thomson Reuters earned a coverage optimism score of 1.05 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have impacted Thomson Reuters’ analysis:
- Thomson Reuters (TRI) Getting Somewhat Favorable Media Coverage, Study Shows (americanbankingnews.com)
- Richard Harrison King Sells 36,728 Shares of Thomson Reuters Corp (TRI) Stock (americanbankingnews.com)
- Thomson Reuters announces share consolidation for $2.3B return of capital (seekingalpha.com)
- Thomson Reuters (TRI) Earning Favorable News Coverage, Report Shows (americanbankingnews.com)
Shares of TRI stock opened at C$67.13 on Friday. Thomson Reuters has a 12 month low of C$46.69 and a 12 month high of C$67.14. The company has a debt-to-equity ratio of 58.70, a current ratio of 2.45 and a quick ratio of 0.21.
A number of research analysts have recently commented on the company. National Bank Financial upped their price target on Thomson Reuters from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a report on Wednesday, August 29th. Berenberg Bank cut their price target on Thomson Reuters from C$45.00 to C$44.00 in a report on Thursday, August 30th. TD Securities upped their price target on Thomson Reuters from C$68.00 to C$69.00 and gave the stock a “buy” rating in a report on Wednesday, November 7th. Finally, BMO Capital Markets upped their price target on Thomson Reuters from C$65.00 to C$69.00 in a report on Wednesday, November 7th.
In related news, Director Vance A. Sider sold 88,548 shares of the company’s stock in a transaction on Thursday, September 13th. The stock was sold at an average price of C$45.56, for a total value of C$4,034,246.88. Also, Director Richard Harrison King sold 36,728 shares of the company’s stock in a transaction on Monday, November 26th. The shares were sold at an average price of C$48.56, for a total value of C$1,783,511.68. Over the last quarter, insiders have sold 184,073 shares of company stock valued at $8,617,684.
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About Thomson Reuters
Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.
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