TMX Group (TMXXF) Expected to Release Quarterly Earnings on Thursday

TMX Group (OTCMKTS:TMXXF) is expected to release its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.4102 per share and revenue of $329.80 million for the quarter.

TMX Group Trading Up 0.2%

Shares of TMXXF opened at $35.91 on Thursday. The firm has a fifty day simple moving average of $35.64 and a two-hundred day simple moving average of $36.16. TMX Group has a 1-year low of $31.66 and a 1-year high of $41.95.

Analysts Set New Price Targets

Several brokerages recently commented on TMXXF. TD Securities reaffirmed a “buy” rating on shares of TMX Group in a report on Friday, April 17th. BMO Capital Markets reissued an “outperform” rating on shares of TMX Group in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of TMX Group in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, TMX Group presently has an average rating of “Buy”.

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.