Thomson Reuters Co. (TSE:TRI) Director Sells C$234,019.98 in Stock

Thomson Reuters Co. (TSE:TRI) (NYSE:TRI) Director Heather Anne O’hagan sold 875 shares of the company’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$267.45, for a total value of C$234,019.98. Following the transaction, the director now directly owns 631 shares in the company, valued at approximately C$168,761.83. This represents a 58.10% decrease in their position.

Thomson Reuters Stock Up 0.1%

Shares of Thomson Reuters stock opened at C$267.04 on Friday. The business has a fifty day simple moving average of C$256.14 and a 200 day simple moving average of C$245.62. The stock has a market cap of C$84.36 billion, a PE ratio of 40.21, a price-to-earnings-growth ratio of 3.64 and a beta of 0.40. The company has a quick ratio of 0.52, a current ratio of 0.94 and a debt-to-equity ratio of 24.28. Thomson Reuters Co. has a 12 month low of C$214.51 and a 12 month high of C$273.59.

Analysts Set New Price Targets

TRI has been the subject of several research reports. Canaccord Genuity Group lifted their target price on Thomson Reuters from C$175.00 to C$181.00 and gave the company a “hold” rating in a research note on Friday, May 2nd. TD Securities raised their price target on Thomson Reuters from C$250.00 to C$260.00 and gave the company a “hold” rating in a report on Friday, February 7th. Bank of America set a C$255.00 price objective on Thomson Reuters and gave the stock a “neutral” rating in a report on Thursday, April 10th. Scotiabank downgraded shares of Thomson Reuters from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 2nd. Finally, National Bankshares lifted their price target on shares of Thomson Reuters from C$260.00 to C$286.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$252.40.

Thomson Reuters Company Profile

Thomson Reuters Corporation engages in the provision of 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.