Tmx Group Limited (X) Price Target Raised to C$64.00 at Scotiabank
Tmx Group Limited (TSE:X) had its target price increased by equities researchers at Scotiabank from C$62.00 to C$64.00 in a research note issued on Wednesday. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s price target points to a potential upside of 12.64% from the company’s current price.
A number of other equities research analysts have also commented on the stock. Royal Bank Of Canada upped their price target on shares of Tmx Group Limited from C$53.00 to C$55.00 and gave the company an “underperform” rating in a report on Wednesday. TD Securities upped their price target on shares of Tmx Group Limited from C$62.00 to C$65.00 and gave the company a “hold” rating in a report on Thursday, August 4th. Finally, CIBC upped their price objective on shares of Tmx Group Limited from C$63.00 to C$66.00 and gave the stock a “sector perform” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock has an average rating of “Hold” and an average target price of C$56.67.
Shares of Tmx Group Limited (TSE:X) traded up 1.57% on Wednesday, hitting $57.71. 269,126 shares of the stock were exchanged. The company’s market cap is $3.15 billion. Tmx Group Limited has a 12 month low of $33.30 and a 12 month high of $61.99. The company has a 50-day moving average price of $58.49 and a 200 day moving average price of $52.87.
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Tmx Group Limited Company Profile
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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