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Letko Brosseau & Associates Lowered Its Thomson Reuters (TRI) Holding; ICICI Bank Limited (IBN) Covered By 4 Bulls

Among 6 analysts covering ICICI Bank (NYSE:IBN), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. ICICI Bank had 10 analyst reports since August 19, 2015 according to SRatingsIntel. On Thursday, September 3 the stock rating was upgraded by Zacks to “Hold”. Zacks upgraded ICICI Bank Limited (NYSE:IBN) on Wednesday, August 19 to “Sell” rating. Goldman Sachs upgraded the shares of IBN in report on Monday, September 14 to “Buy” rating. The rating was upgraded by Goldman Sachs on Monday, October 24 to “Buy”. UBS upgraded the stock to “Buy” rating in Friday, October 21 report. As per Tuesday, May 3, the company rating was downgraded by Goldman Sachs. On Monday, October 30 the stock rating was upgraded by Jefferies to “Buy”. The stock of ICICI Bank Limited (NYSE:IBN) earned “Hold” rating by Standpoint Research on Wednesday, August 26. The company was upgraded on Thursday, April 21 by Credit Suisse. The rating was upgraded by Zacks to “Sell” on Tuesday, August 25. See ICICI Bank Limited (NYSE:IBN) latest ratings:

30/10/2017 Broker: Jefferies Rating: Buy Upgrade

Letko Brosseau & Associates Inc decreased Thomson Reuters Corp (TRI) stake by 3.32% reported in 2017Q2 SEC filing. Letko Brosseau & Associates Inc sold 202,637 shares as Thomson Reuters Corp (TRI)’s stock declined 3.74%. The Letko Brosseau & Associates Inc holds 5.90M shares with $272.91 million value, down from 6.11 million last quarter. Thomson Reuters Corp now has $31.51 billion valuation. The stock increased 0.11% or $0.05 during the last trading session, reaching $44.27. About 308,534 shares traded. Thomson Reuters Corporation (NYSE:TRI) has risen 6.95% since December 6, 2016 and is uptrending. It has underperformed by 9.75% the S&P500.

ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. The company has market cap of $30.19 billion. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others divisions. It has a 18.65 P/E ratio. The firm offers savings, salary, pension, current, other accounts; and fixed, recurring, and security deposits.

The stock decreased 1.59% or $0.15 during the last trading session, reaching $9.29. About 5.26M shares traded. ICICI Bank Limited (NYSE:IBN) has risen 45.32% since December 6, 2016 and is uptrending. It has outperformed by 28.62% the S&P500.

Analysts await Thomson Reuters Corporation (NYSE:TRI) to report earnings on February, 8. They expect $0.56 EPS, down 6.67% or $0.04 from last year’s $0.6 per share. TRI’s profit will be $398.60M for 19.76 P/E if the $0.56 EPS becomes a reality. After $0.68 actual EPS reported by Thomson Reuters Corporation for the previous quarter, Wall Street now forecasts -17.65% negative EPS growth.

Investors sentiment decreased to 0.67 in Q2 2017. Its down 0.42, from 1.09 in 2017Q1. It fall, as 44 investors sold TRI shares while 116 reduced holdings. 41 funds opened positions while 66 raised stakes. 184.16 million shares or 4.32% less from 192.47 million shares in 2017Q1 were reported. Todd Asset Mngmt Llc reported 68,995 shares stake. Fincl Bank Of Montreal Can holds 5.27 million shares or 0.23% of its portfolio. Northcoast Asset Mngmt has invested 0.3% in Thomson Reuters Corporation (NYSE:TRI). Amg Funds Ltd Liability has invested 0.87% in Thomson Reuters Corporation (NYSE:TRI). Panagora Asset Inc has invested 0% in Thomson Reuters Corporation (NYSE:TRI). Fifth Third Retail Bank has invested 0% in Thomson Reuters Corporation (NYSE:TRI). Denali Limited Liability Co accumulated 67,300 shares or 0.51% of the stock. National Bank & Trust Of Ny Mellon Corporation stated it has 0.01% of its portfolio in Thomson Reuters Corporation (NYSE:TRI). Baldwin Brothers Incorporated Ma has invested 0% in Thomson Reuters Corporation (NYSE:TRI). Altrinsic Limited Com reported 2.85M shares. Comml Bank Of America De accumulated 2.48 million shares or 0.02% of the stock. Balyasny Asset Management Llc, Illinois-based fund reported 31,995 shares. Bancorporation Of Stockton accumulated 0.17% or 8,110 shares. Commonwealth Equity Ser invested in 0% or 6,928 shares. Rathbone Brothers Public Ltd invested in 0.11% or 51,187 shares.

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