Tmx Group Limited (X) Price Target Increased to C$75.00 by Analysts at Royal Bank Of Canada
Tmx Group Limited (TSE:X) had its price objective boosted by analysts at Royal Bank Of Canada from C$74.00 to C$75.00 in a note issued to investors on Monday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 5.75% from the stock’s previous close.
Several other research analysts also recently issued reports on X. Scotiabank reiterated a “sector perform” rating and issued a C$71.00 target price on shares of Tmx Group Limited in a research note on Tuesday, July 25th. TD Securities lowered their price objective on shares of Tmx Group Limited from C$83.00 to C$82.00 and set a “buy” rating on the stock in a research report on Wednesday, August 9th. National Bank Financial lowered their price objective 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 research report on Thursday, August 10th. Finally, BMO Capital Markets restated a “market perform” rating and set a C$70.00 price objective on shares of Tmx Group Limited in a research report on Friday, September 8th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Tmx Group Limited has a consensus rating of “Buy” and an average price target of C$76.00.
Shares of Tmx Group Limited (X) traded up 4.51% during trading on Monday, reaching $70.92. 614,163 shares of the company traded hands. Tmx Group Limited has a 12-month low of $61.12 and a 12-month high of $79.90. The stock has a market capitalization of $3.92 billion and a P/E ratio of 19.15. The firm’s 50 day moving average is $67.81 and its 200-day moving average is $69.68.
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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