Royal Bank Of Canada Increases Tmx Group Limited (X) Price Target to C$55.00
Tmx Group Limited (TSE:X) had its price target lifted by analysts at Royal Bank Of Canada from C$53.00 to C$55.00 in a research report issued to clients and investors on Wednesday, StockTargetPrices.com reports. The firm currently has an “underperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential downside of 3.20% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. CIBC increased their price objective on Tmx Group Limited from C$53.00 to C$63.00 in a research report on Saturday, August 6th. TD Securities increased their target price on Tmx Group Limited from C$62.00 to C$65.00 and gave the stock a “hold” rating in a report on Thursday, August 4th. Finally, Scotiabank increased their target price on Tmx Group Limited from C$57.00 to C$62.00 and gave the stock a “sector perform” rating in a report on Monday, August 8th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Tmx Group Limited currently has an average rating of “Hold” and a consensus target price of C$55.83.
Shares of Tmx Group Limited (TSE:X) traded up 1.44% during mid-day trading on Wednesday, reaching $57.64. The company’s stock had a trading volume of 165,400 shares. The company has a 50-day moving average of $58.49 and a 200-day moving average of $52.87. Tmx Group Limited has a 12 month low of $33.30 and a 12 month high of $61.99. The firm’s market cap is $3.14 billion.
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About Tmx Group Limited
TMX Group, Ltd. is a Canada-based company, which operates cash and derivative markets for multiple asset classes including equities, fixed income and energy. The Company also provides clearing facilities, data products and other services to the international financial community. The Company operates Toronto Stock Exchange and TSX Venture Exchange, TMX Group and TMX Datalinx.
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