TMX Group Given Sector Perform Rating at Scotiabank (X)
TMX Group (TSE:X)‘s stock had its “sector perform” rating reaffirmed by investment analysts at Scotiabank in a note issued to investors on Thursday, Analyst RN reports. They currently have a C$51.00 target price on the stock. Scotiabank’s target price would suggest a potential upside of 11.79% from the stock’s previous close.
TMX Group (TSE:X) traded up 1.15% on Thursday, hitting $45.62. The stock had a trading volume of 23,999 shares. TMX Group has a 52-week low of $42.50 and a 52-week high of $57.82. The stock has a 50-day moving average of $47.49 and a 200-day moving average of $49.94.
Several other analysts have also recently commented on the stock. Analysts at National Bank Financial cut their price target on shares of TMX Group from C$47.00 to C$44.00 in a research note to investors on Wednesday, October 16th. Separately, analysts at CIBC cut their price target on shares of TMX Group from C$54.00 to C$50.00 in a research note to investors on Friday, August 2nd. They now have a “sector perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of C$49.25.
TMX Group, Ltd. is a Canada-based company, which operates cash and derivative markets for multiple asset classes including equities, fixed income and energy.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.