Wells Fargo Reaffirms Their Buy Rating on Thomson Reuters (TRI)

Wells Fargo analyst Jason Haas CFA maintained a Buy rating on Thomson Reuters yesterday and set a price target of $140.00. The company’s shares opened today at C$134.99.

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According to TipRanks, Haas CFA is ranked #786 out of 11984 analysts.

Thomson Reuters has an analyst consensus of Moderate Buy, with a price target consensus of $171.47, representing a 27.02% upside. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $130.00 price target.

TRI market cap is currently C$66.28B and has a P/E ratio of 27.33.

Based on the recent corporate insider activity of 148 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRI in relation to earlier this year.