Tmx Group Limited (TSE:X) had its target price upped by equities research analysts at CIBC from C$63.00 to C$66.00 in a research report issued to clients and investors on Wednesday, StockTargetPrices.com reports. CIBC’s price target would indicate a potential upside of 16.16% from the stock’s previous close.

A number of other analysts also recently issued reports on the company. TD Securities lifted their price target 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. Scotiabank lifted their price target on Tmx Group Limited from C$50.00 to C$57.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 2nd. Finally, Royal Bank Of Canada lifted their price target on Tmx Group Limited from C$53.00 to C$55.00 and gave the stock an “underperform” rating in a report on Wednesday. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company has a consensus rating of “Hold” and an average target price of C$56.33.

Analyst Recommendations for Tmx Group Limited (TSE:X)

Shares of Tmx Group Limited (TSE:X) traded up 1.57% during mid-day trading on Wednesday, hitting $57.71. The stock had a trading volume of 208,340 shares. The firm has a 50 day moving average price of $58.49 and a 200 day moving average price of $52.87. Tmx Group Limited has a 52-week low of $33.30 and a 52-week high of $61.99. The firm’s market cap is $3.15 billion.

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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.

Stock Target Prices

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