Can analysts adopt a bullish outlook for Thomson Reuters Corp (TSE:TRI)?

August 24, 2017 - By Kurt Siggers

 Can analysts adopt a bullish outlook for Thomson Reuters Corp (TSE:TRI)?
Investors sentiment increased to 0.98 in 2016 Q4. Its up 0.11, from 0.87 in 2016Q3. It is positive, as 20 investors sold Thomson Reuters Corp shares while 108 reduced holdings. 36 funds opened positions while 90 raised stakes. 197.70 million shares or 4.30% less from 206.57 million shares in 2016Q3 were reported.
Blackrock Institutional Tru Na stated it has 2.31M shares or 0.01% of all its holdings. Aviva Public Ltd Co has invested 0.06% in Thomson Reuters Corp (TSE:TRI). Valley Natl Advisers accumulated 28,636 shares or 0.58% of the stock. Arrow Financial stated it has 100 shares. Callahan Advisors Ltd Llc has invested 0.38% in Thomson Reuters Corp (TSE:TRI). Kanaly Trust Communication accumulated 121 shares. Andra Ap owns 235,500 shares or 0.38% of their US portfolio. Parametric Assocs Ltd Limited Liability Company has invested 0.02% in Thomson Reuters Corp (TSE:TRI). Mawer Inv Mngmt Ltd invested in 2.52 million shares. State Street reported 2.80 million shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management Corporation, a Alberta – Canada-based fund reported 722,000 shares. Leuthold Grp Incorporated Llc stated it has 0.12% of its portfolio in Thomson Reuters Corp (TSE:TRI). Rathbone Brothers Plc reported 0.1% in Thomson Reuters Corp (TSE:TRI). Logan Mngmt, a Pennsylvania-based fund reported 23,899 shares. Manufacturers Life Insur The owns 713,521 shares.

Thomson Reuters Corp (TSE:TRI) Ratings Coverage

Among 5 analysts covering Thomson Reuters Corporation (TSE:TRI), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Thomson Reuters Corporation had 16 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by TD Securities on Friday, September 16 with “Hold”. On Wednesday, November 2 the stock rating was maintained by TD Securities with “Hold”. On Friday, July 31 the stock rating was upgraded by TD Securities to “Buy”. Scotia Capital maintained the stock with “Sector Perform” rating in Friday, February 10 report. As per Wednesday, November 2, the company rating was maintained by RBC Capital Markets. Below is a list of Thomson Reuters Corp (TSE:TRI) latest ratings and price target changes.

01/05/2017 Broker: Scotia Capital Rating: Sector Perform New Target: $48.00 Target Up
01/05/2017 Broker: TD Securities Rating: Hold Old Target: $61.00 New Target: $65.00 Target Up

About 84,035 shares traded. Thomson Reuters Corp (TSE:TRI) has 0.00% since August 24, 2016 and is . It has underperformed by 16.70% the S&P500.

Thomson Reuters Corporation is a Canada well-known provider of news and information for professional markets. The company has market cap of $41.24 billion. The Firm is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. It has a 33.63 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 (TSE:TRI) news were published by: Nasdaq.com which released: “Thomson Reuters Corporation Q2 Income Advances 22%” on August 01, 2017, also Zacks.com with their article: “Thomson Reuters (TRI) Q2 Earnings: What’s in the Cards?” published on July 28, 2017, Nasdaq.com published: “Thomson Reuters Corp (TRI) Ex-Dividend Date Scheduled for August 15, 2017” on August 14, 2017. More interesting news about Thomson Reuters Corp (TSE:TRI) were released by: Nasdaq.com and their article: “Will Thomson Reuters (TRI) Make a Suitable Value Pick?” published on August 24, 2017 as well as Seekingalpha.com‘s news article titled: “Thomson Reuters +4.8% to new high on Q2 beat” with publication date: August 01, 2017.

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