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 presently has a “sector perform” rating on the stock. CIBC’s price objective would suggest a potential upside of 11.15% from the stock’s current price.
Other equities research analysts have also issued reports about the stock. TD Securities increased their price objective on shares of Tmx Group Limited from C$62.00 to C$65.00 and gave the company a “hold” rating in a report on Thursday, August 4th. Scotiabank raised their target price on shares of Tmx Group Limited from C$50.00 to C$57.00 and gave the company a “sector perform” rating in a report on Tuesday, August 2nd. Finally, Royal Bank Of Canada raised their target price on shares of Tmx Group Limited from C$53.00 to C$55.00 and gave the company an “underperform” rating in a report 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. The stock currently has an average rating of “Hold” and a consensus price target of C$57.00.
Tmx Group Limited (TSE:X) opened at 59.38 on Wednesday. Tmx Group Limited has a 12 month low of $33.30 and a 12 month high of $61.99. The firm’s 50-day moving average is $58.52 and its 200-day moving average is $52.96. The stock’s market capitalization is $3.24 billion.
About Tmx Group Limited
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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