TMX Group (TSE:X) PT Raised to C$35.00 at CIBC

TMX Group (TSE:XGet Free Report) had its price objective boosted by CIBC from C$34.00 to C$35.00 in a report issued on Wednesday, BayStreet.CA reports. The firm presently has a “neutral” rating on the stock. CIBC’s price objective points to a potential upside of 2.94% from the stock’s current price.

Several other brokerages have also recently weighed in on X. Barclays lifted their price objective on TMX Group to C$34.00 in a report on Monday, January 8th. TD Securities upped their price objective on shares of TMX Group from C$34.00 to C$35.00 and gave the stock a “hold” rating in a research report on Wednesday. National Bankshares increased their price objective on shares of TMX Group to C$37.00 and gave the stock a “sector perform” rating in a research note on Monday. BMO Capital Markets upped their price target on shares of TMX Group from C$35.00 to C$36.00 and gave the stock a “market perform” rating in a report on Wednesday. Finally, Royal Bank of Canada boosted their price objective on shares of TMX Group from C$34.00 to C$36.00 and gave the company a “sector perform” rating in a research report on Tuesday. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$35.86.

Get Our Latest Analysis on TMX Group

TMX Group Stock Down 0.4 %

TSE X opened at C$34.00 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 32.21. The company has a market cap of C$9.44 billion, a price-to-earnings ratio of 25.37, a PEG ratio of 12.65 and a beta of 0.44. The company has a 50 day moving average of C$31.94 and a 200-day moving average of C$30.33. TMX Group has a 1-year low of C$26.09 and a 1-year high of C$34.32.

About TMX Group

(Get Free Report)

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

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