Tmx Group Limited (X) PT Raised to C$64.00 at Scotiabank
Tmx Group Limited (TSE:X) had its price target increased by investment analysts at Scotiabank from C$62.00 to C$64.00 in a report issued on Wednesday. The brokerage currently has a “sector perform” rating on the stock. Scotiabank’s target price suggests a potential upside of 7.78% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. 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. 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. Finally, CIBC raised their price target on shares of Tmx Group Limited from C$53.00 to C$63.00 in a report on Saturday, August 6th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Tmx Group Limited currently has an average rating of “Hold” and an average target price of C$57.00.
Tmx Group Limited (TSE:X) opened at 59.38 on Wednesday. The stock’s 50 day moving average is $58.52 and its 200 day moving average is $52.96. The firm’s market capitalization is $3.24 billion. Tmx Group Limited has a 1-year low of $33.30 and a 1-year high of $61.99.
Tmx Group Limited Company Profile
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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