Scotiabank Reaffirms a “Buy” Rating on Thomson Reuters (TRI) and $49.0 Target; Stein Mart Has 0.32 Sentiment

February 10, 2018 - By rebbecca

Stein Mart, Inc. operates as a retailer that provides fashion merchandise products and related services in the United States. The company has market cap of $24.46 million. It offers fashion apparel for women and men, as well as accessories, shoes, and home fashions. It currently has negative earnings. The companyÂ’s stores also provide merchandise locator services; a preferred customer program; co-branded and private label credit card programs; and electronic gift cards.

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. $46.36’s average target is 17.69% above currents $39.39 stock price. Thomson Reuters had 41 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, August 18 by Zacks. The rating was downgraded by National Bank Canada on Monday, December 12 to “Sector Perform”. The firm earned “Hold” rating on Tuesday, August 1 by Canaccord Genuity. The company was maintained on Monday, October 23 by Morgan Stanley. The rating was maintained by RBC Capital Markets with “Hold” on Monday, June 19. The firm has “Buy” rating by Scotia Capital given on Wednesday, January 31. RBC Capital Markets maintained Thomson Reuters Corporation (NYSE:TRI) rating on Tuesday, September 26. RBC Capital Markets has “Hold” rating and $47.0 target. Piper Jaffray maintained Thomson Reuters Corporation (NYSE:TRI) rating on Tuesday, January 23. Piper Jaffray has “Hold” rating and $48.0 target. Berenberg initiated Thomson Reuters Corporation (NYSE:TRI) on Thursday, April 20 with “Sell” rating. Piper Jaffray maintained the stock with “Hold” rating in Monday, September 18 report.

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company has market cap of $27.61 billion. It operates through three divisions: Financial & Risk, Legal, and Tax & Accounting. It has a 20.35 P/E ratio. The firm sells electronic content and services to professionals primarily on a subscription basis.

The stock decreased 0.43% or $0.17 during the last trading session, reaching $39.39. About 1.58 million shares traded or 58.34% up from the average. Thomson Reuters Corporation (NYSE:TRI) has risen 6.95% since February 10, 2017 and is uptrending. It has underperformed by 9.75% the S&P500.

Investors sentiment increased to 0.84 in 2017 Q3. Its up 0.17, from 0.67 in 2017Q2. It improved, as 36 investors sold Thomson Reuters Corporation shares while 97 reduced holdings. 40 funds opened positions while 72 raised stakes. 171.23 million shares or 7.02% less from 184.16 million shares in 2017Q2 were reported. 12,203 are owned by Stevens Capital Mgmt Limited Partnership. Oppenheimer has invested 0.02% in Thomson Reuters Corporation (NYSE:TRI). Delta Asset Mgmt Ltd Company Tn has 84 shares. Wunderlich Managemnt has 33,126 shares for 1.13% of their portfolio. Parnassus Ca invested in 0.21% or 1.11M shares. Point72 Asset Mngmt Limited Partnership has invested 0.18% in Thomson Reuters Corporation (NYSE:TRI). Cidel Asset Management invested in 0.18% or 89,158 shares. Legal General Plc invested in 1.34 million shares. Blair William And Il accumulated 22,316 shares or 0.01% of the stock. 2,300 were accumulated by Huntington Bank. Prelude Mgmt Ltd Liability Corporation owns 0% invested in Thomson Reuters Corporation (NYSE:TRI) for 1,200 shares. Comml Bank Of Stockton reported 9,370 shares. Atria Invs Ltd Limited Liability Company accumulated 7,230 shares. Jones Collombin Investment Counsel reported 2,300 shares. Ibis Partners Ltd Liability Partnership holds 8.14% or 184,596 shares.