TMX Group Limited (OTCMKTS:TMXXF) Given Consensus Recommendation of “Buy” by Analysts

TMX Group Limited (OTCMKTS:TMXXF) has earned a consensus recommendation of “Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company.

A number of analysts have weighed in on the stock. BMO Capital Markets reissued an “outperform” rating on shares of TMX Group in a report on Wednesday, May 6th. Scotiabank reaffirmed an “outperform” rating on shares of TMX Group in a report on Monday, August 3rd. National Bank Financial raised shares of TMX Group from a “sector perform” rating to an “outperform” rating in a research report on Monday, July 27th. TD Securities reiterated a “buy” rating on shares of TMX Group in a research note on Friday, April 17th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of TMX Group in a report on Thursday, April 23rd.

TMX Group Price Performance

TMXXF stock opened at $37.40 on Monday. The stock’s 50 day simple moving average is $35.12 and its 200 day simple moving average is $36.14. TMX Group has a 12-month low of $31.66 and a 12-month high of $41.94.

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.