TMX Group (TSE:X) had its target price upped by TD Securities from C$120.00 to C$125.00 in a research note published on Tuesday morning, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.
A number of other equities analysts have also weighed in on the company. Royal Bank of Canada lowered TMX Group from an outperform rating to a sector perform rating and upped their price objective for the stock from C$118.00 to C$119.00 in a research note on Monday, October 21st. CIBC boosted their target price on TMX Group from C$123.00 to C$127.00 in a research report on Friday, January 31st. Finally, Deutsche Bank reiterated a buy rating and issued a C$121.00 target price on shares of TMX Group in a research report on Thursday, December 5th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. TMX Group has a consensus rating of Hold and an average target price of C$125.00.
TSE X opened at C$117.10 on Tuesday. The firm has a market cap of $6.63 billion and a price-to-earnings ratio of 24.50. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 32.75. The business has a 50-day moving average price of C$117.53 and a 200-day moving average price of C$113.85. TMX Group has a twelve month low of C$81.39 and a twelve month high of C$128.86.
About TMX Group
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading and Clearing.
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