Tmx Group Limited (TSE:X) had its price target raised by equities researchers at CIBC from C$63.00 to C$66.00 in a research note issued on Wednesday. The firm currently has a “sector perform” rating on the stock. CIBC’s price objective indicates a potential upside of 11.15% from the stock’s previous close.
Several other research analysts also recently weighed in on X. Scotiabank upped their target price on Tmx Group Limited from C$50.00 to C$57.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 2nd. TD Securities upped their target price on Tmx Group Limited from C$62.00 to C$65.00 and gave the stock a “hold” rating in a research note on Thursday, August 4th. Finally, Royal Bank Of Canada upped their target price on Tmx Group Limited from C$53.00 to C$55.00 and gave the stock an “underperform” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Tmx Group Limited presently has an average rating of “Hold” and an average target price of C$57.00.
Shares of Tmx Group Limited (TSE:X) opened at 59.38 on Wednesday. The company’s market capitalization is $3.24 billion. The company has a 50-day moving average price of $58.52 and a 200-day moving average price of $52.96. Tmx Group Limited has a 12 month low of $33.30 and a 12 month 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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