Royal Bank of Canada upgraded shares of ONEX (TSE:ONEX) from a sector perform rating to an outperform rating in a research note published on Thursday. They currently have C$102.00 target price on the stock, down from their previous target price of C$106.00.

Separately, Canaccord Genuity reduced their price target on shares of ONEX from C$107.00 to C$106.00 and set a buy rating on the stock in a report on Monday, November 13th.

Shares of ONEX (ONEX) traded down C$0.57 during midday trading on Thursday, hitting C$89.58. 172,479 shares of the company’s stock traded hands, compared to its average volume of 121,008. ONEX has a 12 month low of C$86.45 and a 12 month high of C$106.05. The stock has a market capitalization of $9,170.00, a P/E ratio of -6.50 and a beta of 0.15.

TRADEMARK VIOLATION WARNING: “ONEX (ONEX) Stock Rating Upgraded by Royal Bank of Canada” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/onex-onex-stock-rating-upgraded-by-royal-bank-of-canada/1804993.html.

About ONEX

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.

Receive News & Ratings for ONEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONEX and related companies with MarketBeat.com's FREE daily email newsletter.