Canaccord Genuity downgrades Thomson Reuters to Hold, PT $131.00

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Canaccord Genuity downgrades Thomson Reuters to Hold, PT $131.00

A Canaccord Genuity analyst downgraded Thomson Reuters (NYSE: TRI) from Buy to Hold with a price target of $131.00 from a prior price target of %currency%%price%.

Prior to this rating, Thomson Reuters had 7 buy ratings, 7 hold ratings, and 3 sell ratings.

For consensus analyst estimates and price targets on Thomson Reuters, click here. For more news on Thomson Reuters, click here.

Thomson Reuters's stock price closed at $130.83. They are down -0.23% in the last month and up 34.09% in the last 12 months.

According to Investing Pro, Thomson Reuters's fair value is $116.48, a downside of 10.96%. Thomson Reuters's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Thomson Reuters's recent earnings performance and financials here.

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