10.43 % to Target, Morgan Stanley Reiterates ‘Equal-Weight’ Rating on Thomson Reuters Corp Ordinary Shares (NYSE:TRI) Shares Today

November 15, 2017 - By Marie Mckinney

 10.43 % to Target, Morgan Stanley Reiterates ‘Equal Weight’ Rating on Thomson Reuters Corp Ordinary Shares (NYSE:TRI) Shares Today

Investors sentiment decreased to 0.67 in 2017 Q2. Its down 0.42, from 1.09 in 2017Q1. It fall, as 44 investors sold Thomson Reuters Corp shares while 116 reduced holdings. 41 funds opened positions while 66 raised stakes. 184.16 million shares or 4.32% less from 192.47 million shares in 2017Q1 were reported.

457,425 were reported by Nexus Invest Management. Creative Planning holds 0% or 4,419 shares. Td Asset Management owns 0.52% invested in Thomson Reuters Corp (NYSE:TRI) for 7.16M shares. Massmutual Fsb Adv reported 0% stake. Ameriprise holds 35,426 shares or 0% of its portfolio. Community Services Grp Ltd Limited Liability Company has 0.88% invested in Thomson Reuters Corp (NYSE:TRI). Century owns 425,964 shares for 0.02% of their portfolio. Commonwealth Equity Svcs invested in 0% or 6,928 shares. Guggenheim Capital Ltd Liability invested in 14,926 shares or 0% of the stock. Natixis Asset Mngmt holds 0.01% or 2,583 shares. Carroll Financial Associate Inc holds 0% in Thomson Reuters Corp (NYSE:TRI) or 400 shares. Checchi Capital Advisers holds 0.04% or 8,579 shares. First Amer National Bank & Trust holds 0.24% of its portfolio in Thomson Reuters Corp (NYSE:TRI) for 64,573 shares. Hillsdale Inv Mgmt stated it has 0.62% of its portfolio in Thomson Reuters Corp (NYSE:TRI). Us National Bank De holds 7,558 shares or 0% of its portfolio.

Thomson Reuters Corp Ordinary Shares (NYSE:TRI) Rating Reaffirmed

The financial firm has just set a target of $49 on Thomson Reuters Corp Ordinary Shares (NYSE:TRI) shares. This is 10.43 % from the last stock price. In analysts note released on 2 November, Morgan Stanley reaffirmed their Equal-Weight rating on shares of TRI.

Investors sentiment decreased to 0.67 in 2017 Q2. Its down 0.42, from 1.09 in 2017Q1. It fall, as 44 investors sold Thomson Reuters Corp shares while 116 reduced holdings. 41 funds opened positions while 66 raised stakes. 184.16 million shares or 4.32% less from 192.47 million shares in 2017Q1 were reported.

457,425 were reported by Nexus Invest Management. Creative Planning holds 0% or 4,419 shares. Td Asset Management owns 0.52% invested in Thomson Reuters Corp (NYSE:TRI) for 7.16M shares. Massmutual Fsb Adv reported 0% stake. Ameriprise holds 35,426 shares or 0% of its portfolio. Community Services Grp Ltd Limited Liability Company has 0.88% invested in Thomson Reuters Corp (NYSE:TRI). Century owns 425,964 shares for 0.02% of their portfolio. Commonwealth Equity Svcs invested in 0% or 6,928 shares. Guggenheim Capital Ltd Liability invested in 14,926 shares or 0% of the stock. Natixis Asset Mngmt holds 0.01% or 2,583 shares. Carroll Financial Associate Inc holds 0% in Thomson Reuters Corp (NYSE:TRI) or 400 shares. Checchi Capital Advisers holds 0.04% or 8,579 shares. First Amer National Bank & Trust holds 0.24% of its portfolio in Thomson Reuters Corp (NYSE:TRI) for 64,573 shares. Hillsdale Inv Mgmt stated it has 0.62% of its portfolio in Thomson Reuters Corp (NYSE:TRI). Us National Bank De holds 7,558 shares or 0% of its portfolio.

Thomson Reuters Corp (NYSE:TRI) Ratings Coverage

Among 17 analysts covering Thomson Reuters (NYSE:TRI), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. Thomson Reuters has $55 highest and $3700 lowest target. $47’s average target is 5.93% above currents $44.37 stock price. Thomson Reuters had 34 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Thomson Reuters Corp (NYSE:TRI) earned “Hold” rating by Canaccord Genuity on Monday, May 1. The stock of Thomson Reuters Corp (NYSE:TRI) has “Neutral” rating given on Thursday, November 2 by Credit Suisse. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, September 26. The stock of Thomson Reuters Corp (NYSE:TRI) has “Buy” rating given on Monday, June 19 by Deutsche Bank. RBC Capital Markets maintained it with “Hold” rating and $4700 target in Tuesday, August 1 report. As per Monday, December 12, the company rating was downgraded by National Bank Canada. The stock has “Hold” rating by TD Securities on Monday, June 27. The rating was upgraded by Macquarie Research to “Outperform” on Thursday, June 15. The stock has “Hold” rating by Piper Jaffray on Monday, September 18. FBR Capital downgraded Thomson Reuters Corp (NYSE:TRI) on Monday, October 26 to “Mkt Perform” rating.

The stock increased 0.78% or $0.34 on November 14, reaching $44.37. About 70 shares traded. Thomson Reuters Corp (NYSE:TRI) has risen 6.95% since November 15, 2016 and is uptrending. It has underperformed by 9.75% the S&P500.

Wall Street await Thomson Reuters Corp (NYSE:TRI) to release earnings on February, 8. Analysts forecast EPS of $0.56, down exactly $0.04 or 6.67 % from 2014’s $0.6 EPS. The expected TRI’s profit could reach $399.59 million giving the stock 19.81 P/E in the case that $0.56 earnings per share is reported. After posting $0.68 EPS for the previous quarter, Thomson Reuters Corp’s analysts now forecast -17.65 % negative EPS growth.

Thomson Reuters Corp is a Canada well-known provider of news and information for professional markets. The company has market cap of $31.66 billion. The Firm is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. It has a 29.94 P/E ratio. The Financial & Risk unit is a well-known provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

More notable recent Thomson Reuters Corp (NYSE:TRI) news were published by: Seekingalpha.com which released: “Thomson Reuters -6.1% as Europe slowdown spurs revenue miss” on November 01, 2017, also Reuters.com with their article: “Corporate France swims against tide on chairman independence” published on October 30, 2017, Nasdaq.com published: “Thomson Reuters Corporation Announces 21% Rise In Q3 Earnings” on November 01, 2017. More interesting news about Thomson Reuters Corp (NYSE:TRI) were released by: Reuters.com and their article: “Thomson Reuters revenue misses amid uncertainty in Europe” published on November 01, 2017 as well as Nasdaq.com‘s news article titled: “Thomson Reuters Corp (TRI) Ex-Dividend Date Scheduled for November 15, 2017” with publication date: November 14, 2017.

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