Royal Bank Of Canada Boosts ONEX Co. (TSE:ONEX) Price Target to C$109.00
ONEX Co. (TSE:ONEX) had its price target raised by stock analysts at Royal Bank Of Canada from C$106.00 to C$109.00 in a research report issued to clients and investors on Friday. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 8.51% from the company’s current price.
ONEX has been the subject of a number of other reports. CIBC decreased their price target on ONEX from C$104.00 to C$103.00 and set a “neutral” rating for the company in a research note on Friday. Canaccord Genuity decreased their price target on ONEX from C$110.00 to C$107.00 and set a “buy” rating for the company in a research note on Friday. Finally, Scotiabank raised their price target on ONEX from C$105.00 to C$107.00 and gave the stock an “outperform” rating in a research note on Monday, May 15th.
Shares of ONEX (TSE:ONEX) traded down 5.82% during trading on Friday, reaching $94.60. The company’s stock had a trading volume of 156,269 shares. The firm’s market cap is $9.65 billion. The stock’s 50 day moving average is $102.22 and its 200 day moving average is $97.51. ONEX has a one year low of $77.55 and a one year high of $106.05.
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ONEX Company Profile
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.
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