Is It Time To Reassess Thomson Reuters (TSX:TRI) After The Recent Share Price Slump
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If you are wondering whether Thomson Reuters is starting to look reasonably priced after a rough stretch, this article walks through what the current share price might be implying about its value.
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The stock last closed at US$149.0, with returns of an 11.9% decline over 7 days, a 14.2% decline over 30 days, a 14.2% decline year to date, a 38.6% decline over 1 year and a 51.0% gain over 5 years.
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Recent moves have come alongside ongoing attention on how information services companies are positioned in a market where investors are reassessing what they are willing to pay for data, analytics and subscription based…
