TMX Group Limited (OTCMKTS:TMXXF) Receives Consensus Rating of “Moderate Buy” from Brokerages

TMX Group Limited (OTCMKTS:TMXXF) has earned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

A number of equities research analysts have weighed in on TMXXF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of TMX Group in a report on Wednesday, October 29th. Raymond James Financial reiterated an “outperform” rating on shares of TMX Group in a report on Tuesday, October 28th. Finally, TD Securities upgraded shares of TMX Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 29th.

TMX Group Stock Up 0.7%

Shares of TMXXF stock opened at $37.25 on Wednesday. The stock has a 50-day simple moving average of $37.13 and a 200 day simple moving average of $38.16. TMX Group has a fifty-two week low of $30.30 and a fifty-two week high of $42.19.

About TMX Group

TMX Group Limited operates Canada’s premier financial infrastructure that supports capital markets for listing, trading, clearing, settlement and information services. As a holding company, TMX Group’s principal businesses include the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), Montréal Exchange (MX), and Canadian Depository for Securities (CDS). These platforms facilitate equity and derivatives trading, debt issuance, exchange-traded funds and a broad spectrum of structured products.

Through its marketplace operations, TMX Group offers issuers access to public capital, while providing investors with deep liquidity and a diverse range of listed instruments.