Tmx Group Limited Given Average Recommendation of “Hold” by Brokerages (TSE:X)
Tmx Group Limited (TSE:X) has received an average rating of “Hold” from the eight ratings firms that are covering the company, Analyst RN reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$60.83.
X has been the subject of a number of recent research reports. Analysts at Scotiabank reiterated a “sector perform” rating on shares of Tmx Group Limited in a research note on Friday. They now have a C$62.00 price target on the stock. Separately, analysts at NBF raised their price target on shares of Tmx Group Limited from C$60.00 to C$63.00 in a research note on Wednesday. They now have a “sector perform” rating on the stock. Finally, analysts at National Bank Financial reiterated a “sector perform” rating on shares of Tmx Group Limited in a research note on Wednesday. They now have a C$63.00 price target on the stock, up previously from C$60.00.
Tmx Group Limited (TSE:X) opened at 53.76 on Wednesday. Tmx Group Limited has a 1-year low of $42.66 and a 1-year high of $61.35. The stock’s 50-day moving average is $57.4 and its 200-day moving average is $55.12. The company has a price-to-earnings ratio of 22.36.
Tmx Group Limited (TSE:X) last posted its quarterly earnings results on Monday, May 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.01. On average, analysts predict that Tmx Group Limited will post $4.11 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Shareholders of record on Friday, August 22nd will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.96%. The ex-dividend date is Wednesday, August 20th.
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.