TMX Group (TMXXF) Expected to Announce Quarterly Earnings on Monday

TMX Group (OTCMKTS:TMXXF) is projected to post its resultson Monday, May 4th. Analysts expect TMX Group to post earnings of $0.3946 per share and revenue of $333.8520 million for the quarter.

TMX Group Price Performance

Shares of TMXXF stock opened at $39.97 on Monday. The business has a 50-day moving average price of $35.84 and a two-hundred day moving average price of $36.28. TMX Group has a 12-month low of $32.30 and a 12-month high of $42.19.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. TD Securities reaffirmed a “buy” rating on shares of TMX Group in a research note on Friday, April 17th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of TMX Group in a research note on Thursday. Finally, Raymond James Financial raised TMX Group from an “outperform” rating to a “strong-buy” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, TMX Group currently has a consensus rating of “Moderate Buy”.

TMX Group Company Profile

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.