ONEX Rating Lowered to Underperform at RBC Capital (OCX)
OCX has been the subject of a number of other recent research reports. Analysts at Scotiabank raised their price target on shares of ONEX from C$60.00 to C$65.00 in a research note on Tuesday, May 20th. They now have a “sector perform” rating on the stock. Separately, analysts at CIBC downgraded shares of ONEX from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, May 20th. They now have a C$70.00 price target on the stock, down previously from C$71.00. Finally, analysts at Canaccord Genuity downgraded shares of ONEX to a “sector perform” rating in a research note on Tuesday, May 20th.
ONEX (TSE:OCX) traded up 0.02% on Monday, hitting $61.87. The stock had a trading volume of 242,484 shares. ONEX has a one year low of $50.09 and a one year high of $68.43. The stock has a 50-day moving average of $64.36 and a 200-day moving average of $62.67. The company has a market cap of $6.781 billion and a P/E ratio of 15.24.
Onex Corporation (TSE:OCX) is a private equity company engaged in acquiring and building businesses.
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