Is Thomson Reuters Corp a Sell? The Stock Declines Again

 Is Thomson Reuters Corp a Sell? The Stock Declines Again

The stock of Thomson Reuters Corp (TSE:TRI) is a huge mover today! About 198,025 shares traded hands. Thomson Reuters Corp (TSE:TRI) has risen 8.16% since April 11, 2016 and is uptrending. It has outperformed by 4.23% the S&P500.
The move comes after 6 months negative chart setup for the $41.28 billion company. It was reported on Nov, 15 by Barchart.com. We have $51.94 PT which if reached, will make TSE:TRI worth $2.89 billion less.

Thomson Reuters Corp (TSE:TRI) Ratings Coverage

Out of 5 analysts covering Thomson Reuters Corporation (TSE:TRI), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $62.50 is the highest target while $43 is the lowest. The $51.60 average target is -7.61% below today’s ($55.85) stock price. Thomson Reuters Corporation has been the topic of 11 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Thomson Reuters Corp (TSE:TRI) has “Sector Perform” rating given on Wednesday, November 2 by RBC Capital Markets. The rating was maintained by TD Securities on Wednesday, November 2 with “Hold”. The stock of Thomson Reuters Corp (TSE:TRI) has “Hold” rating given on Friday, September 16 by TD Securities. The firm has “Buy” rating by TD Securities given on Friday, July 31.

More recent Thomson Reuters Corp (TSE:TRI) news were published by: Wsj.com which released: “Thomson Reuters to Cut 2000 Jobs in Restructuring” on November 01, 2016. Also Forbes.com published the news titled: “Short Interest In Thomson Reuters Jumps 27.6%” on October 26, 2016. Benzinga.com‘s news article titled: “Username or email:” with publication date: November 14, 2016 was also an interesting one.

Thomson Reuters Corporation is a provider of news and information for professional markets. The company has a market cap of $41.28 billion.

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