Tmx Group Limited (X) Price Target Raised to C$55.00 at Royal Bank Of Canada
Tmx Group Limited (TSE:X) had its target price increased by research analysts at Royal Bank Of Canada from C$53.00 to C$55.00 in a report released on Wednesday. The brokerage currently has an “underperform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential downside of 3.20% from the company’s previous close.
A number of other research firms also recently commented on X. CIBC lifted their target price on Tmx Group Limited from C$53.00 to C$63.00 in a research report on Saturday, August 6th. TD Securities lifted their target price on Tmx Group Limited from C$62.00 to C$65.00 and gave the company a “hold” rating in a research report on Thursday, August 4th. Finally, Scotiabank lifted their target price on Tmx Group Limited from C$57.00 to C$62.00 and gave the company a “sector perform” rating in a research report on Monday, August 8th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of C$55.83.
Shares of Tmx Group Limited (TSE:X) traded up 1.34% during midday trading on Wednesday, reaching $57.58. The company had a trading volume of 162,900 shares. The company’s 50 day moving average price is $58.49 and its 200-day moving average price is $52.87. The company’s market capitalization is $3.14 billion. Tmx Group Limited has a 52 week low of $33.30 and a 52 week 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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