Tmx Group Limited (TSE:X) had its price objective hoisted by research analysts at RBC Capital Markets from C$53.00 to C$55.00 in a research report issued to clients and investors on Wednesday. The firm currently has an “underperform” rating on the stock. RBC Capital Markets’ price target would indicate a potential downside of 3.20% from the company’s previous close.

A number of other brokerages have also issued reports on X. Royal Bank Of Canada increased their price target on Tmx Group Limited from C$53.00 to C$55.00 and gave the company an “underperform” rating in a research note on Wednesday. Scotiabank increased their price target on Tmx Group Limited from C$62.00 to C$64.00 and gave the company a “sector perform” rating in a research note on Wednesday. TD Securities increased their price target on Tmx Group Limited from C$62.00 to C$65.00 and gave the company a “hold” rating in a research note on Thursday, August 4th. Finally, CIBC increased their price target on Tmx Group Limited from C$53.00 to C$63.00 in a research note on Saturday, August 6th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock has an average rating of “Hold” and an average price target of C$56.43.

Shares of Tmx Group Limited (TSE:X) traded up 1.540% during midday trading on Wednesday, reaching $57.695. The company’s stock had a trading volume of 301,103 shares. The stock’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. The stock 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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