TMX Group Limited (OTCMKTS:TMXXF) Given Average Rating of “Moderate Buy” by Brokerages

Shares of TMX Group Limited (OTCMKTS:TMXXF) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

TMXXF has been the subject of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of TMX Group in a research note on Monday, February 9th. Raymond James Financial upgraded TMX Group from an “outperform” rating to a “strong-buy” rating in a research note on Friday, February 6th. Finally, TD Securities upgraded TMX Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 29th.

TMX Group Stock Performance

TMXXF opened at $33.71 on Friday. The company’s 50 day moving average is $36.23 and its 200-day moving average is $37.33. TMX Group has a 1-year low of $32.30 and a 1-year 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.