Tmx Group Limited (TSE:X) had its price target boosted by research analysts at CIBC from C$63.00 to C$66.00 in a report released on Wednesday. CIBC’s price target indicates a potential upside of 16.16% from the company’s previous close.

Several other equities research analysts also recently commented on the stock. Scotiabank upped their target price on shares of Tmx Group Limited from C$50.00 to C$57.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 2nd. Royal Bank Of Canada increased their price objective on shares of Tmx Group Limited from C$53.00 to C$55.00 and gave the stock an “underperform” rating in a research report on Wednesday. Finally, TD Securities increased their price objective on shares of Tmx Group Limited from C$62.00 to C$65.00 and gave the stock a “hold” rating in a research report on Thursday, August 4th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Tmx Group Limited has an average rating of “Hold” and an average price target of C$56.33.

Analyst Recommendations for Tmx Group Limited (TSE:X)

Tmx Group Limited (TSE:X) traded up 1.53% during midday trading on Wednesday, hitting $57.69. 207,540 shares of the company traded hands. The stock’s 50-day moving average is $58.49 and its 200-day moving average is $52.87. The firm’s market capitalization is $3.14 billion. Tmx Group Limited has a 12-month low of $33.30 and a 12-month high of $61.99.

About Tmx Group Limited

TMX Group, Ltd. is a Canada-based company, which operates cash and derivative markets for multiple asset classes including equities, fixed income and energy. The Company also provides clearing facilities, data products and other services to the international financial community. The Company operates Toronto Stock Exchange and TSX Venture Exchange, TMX Group and TMX Datalinx.

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