Tmx Group Limited (X) Given New C$64.00 Price Target at Scotiabank
Tmx Group Limited (TSE:X) had its price target upped by equities research analysts at Scotiabank from C$62.00 to C$64.00 in a research note issued on Wednesday, StockTargetPrices.com reports. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price target indicates a potential upside of 12.64% from the stock’s current price.
Other research analysts also recently issued reports about the stock. CIBC raised their price target on shares of Tmx Group Limited from C$53.00 to C$63.00 in a research report on Saturday, August 6th. TD Securities raised their price target on shares of Tmx Group Limited from C$62.00 to C$65.00 and gave the stock a “hold” rating in a research report on Thursday, August 4th. Finally, Royal Bank Of Canada raised their price target on shares of Tmx Group Limited from C$53.00 to C$55.00 and gave the stock an “underperform” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of C$56.67.
Tmx Group Limited (TSE:X) traded up 1.55% on Wednesday, reaching $57.70. 274,976 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $58.49 and its 200 day moving average price is $52.87. The firm’s market capitalization is $3.14 billion. Tmx Group Limited has a 1-year low of $33.30 and a 1-year high of $61.99.
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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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