Tmx Group Limited (X) Receives “Market Perform” Rating from BMO Capital Markets
Tmx Group Limited (TSE:X)‘s stock had its “market perform” rating restated by stock analysts at BMO Capital Markets in a research note issued to investors on Friday. They presently have a C$70.00 price objective on the stock. BMO Capital Markets’ price target indicates a potential upside of 4.00% from the stock’s previous close.
Several other research analysts have also recently issued reports on X. Scotiabank raised their target price on shares of Tmx Group Limited from C$71.00 to C$73.00 and gave the stock a “sector perform” rating in a report on Friday, August 11th. National Bank Financial cut their target price on shares of Tmx Group Limited from C$80.00 to C$76.00 and set a “sector perform” rating on the stock in a report on Thursday, August 10th. TD Securities raised their target price on shares of Tmx Group Limited from C$82.00 to C$83.00 and gave the stock a “buy” rating in a report on Thursday, May 11th. Finally, Royal Bank Of Canada cut their target price on shares of Tmx Group Limited from C$80.00 to C$78.00 and set a “sector perform” rating on the stock in a report on Thursday, May 11th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Tmx Group Limited currently has an average rating of “Hold” and a consensus price target of C$75.50.
Tmx Group Limited (X) traded down 0.25% during midday trading on Friday, hitting $67.31. 88,161 shares of the stock were exchanged. The company’s 50 day moving average is $66.61 and its 200-day moving average is $69.95. The stock has a market cap of $3.73 billion and a PE ratio of 18.17. Tmx Group Limited has a 1-year low of $56.33 and a 1-year high of $79.90.
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About Tmx Group Limited
TMX Group Limited operates exchanges, markets, and clearing houses primarily for capital markets in Canada. It operates in six segments: Market Insights; Capital Formation; Derivatives Trading & Clearing; Equities and Fixed Income Trading & Clearing; Energy Trading & Clearing; and Market Solutions.
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