Tmx Group (TSE:X) had its price objective increased by National Bank Financial from C$83.00 to C$84.00 in a report released on Wednesday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 11.30% from the stock’s previous close.
A number of other research analysts have also recently weighed in on the stock. Scotiabank lifted their price target on shares of Tmx Group from C$79.00 to C$81.00 and gave the company a “sector perform” rating in a research report on Friday, February 9th. TD Securities lifted their price target on shares of Tmx Group from C$82.00 to C$85.00 and gave the company a “buy” rating in a research report on Tuesday, February 6th. CIBC lifted their price target on shares of Tmx Group from C$79.00 to C$84.00 in a research report on Monday, November 13th. Finally, Royal Bank of Canada lifted their price target on shares of Tmx Group from C$74.00 to C$75.00 and gave the company a “sector perform” rating in a research report on Monday, October 30th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Tmx Group has a consensus rating of “Buy” and an average price target of C$80.33.
Shares of Tmx Group (X) traded down C$0.21 during mid-day trading on Wednesday, reaching C$75.47. 69,866 shares of the company’s stock were exchanged, compared to its average volume of 100,367. The firm has a market capitalization of $4,170.00, a PE ratio of 19.97 and a beta of 0.33. Tmx Group has a 1 year low of C$64.81 and a 1 year high of C$79.90.
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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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