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Friday, June 18, 2021

TRI Has Its Price Target Increased To $96 By Brokerages

The stocks of TRI have their price target increased by quite a few analysts from Morgan Stanley to $96 in a research report that was published last Tuesday. According to a report, the brokerage currently has a rating of equal weight on the stock of this business service provider. The price target set by the brokerage on the company implies a reduction of 0.28% from the previous close of the company.

The Stock Commentary Of TRI 

There have been quite a few research equities that have commented on the stocks of TRI. CIBC has also increased the price target of the company from $95 to $102 with a rating of neutral in a Monday research report. Canaccord Genuity has also increased the price target of the company from $95 to $102 with a rating of buy in a 5th May research report.

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Scotiabank has also increased the price target of the company from $122 to $128 with a rating of “outperform” in a 5th May research report. National Bank Financial has also increased the rating of the company to outperform with a price target of $115 in a 15th January research report. 

One of the investment analysts involved with the company has given it a rating of sell, while three others have given it a rating of hold. Close to six others have given the company a rating of buy. Currently, TRI has a buy rating with a $107.70 price target. 

The stocks of TRI traded on Tuesday at $96.27. The year low of the company was $64.47, with the year high coming to $99.14. The debt-to-equity ratio of the company was set at 0.39, with a 1.51 current ratio. The moving average price of the company over a period of 50 days was $91.39, with the moving average price of the company over a period of 200 days was set at $84.71. The market cap of the firm was $47.71 billion.

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