TMX Group (TSE:X) had its price objective raised by National Bank Financial from C$128.00 to C$135.00 in a research note issued to investors on Tuesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other analysts have also issued research reports about the stock. CIBC lifted their price target on shares of TMX Group from C$123.00 to C$127.00 in a research report on Friday, January 31st. Royal Bank of Canada lowered shares of TMX Group from an outperform rating to a sector perform rating and lifted their price target for the company from C$118.00 to C$119.00 in a research report on Monday, October 21st. TD Securities lifted their price target on shares of TMX Group from C$120.00 to C$125.00 and gave the company a hold rating in a research report on Tuesday. Finally, Deutsche Bank reaffirmed a buy rating and set a C$121.00 price target on shares of TMX Group in a research report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. TMX Group currently has a consensus rating of Hold and an average price target of C$125.00.

X stock opened at C$117.10 on Tuesday. The firm has a market cap of $6.63 billion and a PE ratio of 24.50. The company has a debt-to-equity ratio of 32.75, a quick ratio of 0.01 and a current ratio of 1.00. The firm’s 50 day moving average price is C$117.53 and its 200-day moving average price is C$113.85. TMX Group has a one year low of C$81.39 and a one year high of C$128.86.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Thursday, February 27th. TMX Group’s payout ratio is presently 52.72%.

About TMX Group

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading and Clearing.

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Analyst Recommendations for TMX Group (TSE:X)

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