TMX Group Limited (OTCMKTS:TMXXF) Stock Rated “Buy” by Wall Street Brokerages

Shares of TMX Group Limited (OTCMKTS:TMXXF) have earned a consensus rating of “Buy” from the seven brokerages that are covering the company, Marketbeat reports. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company.

TMXXF has been the topic of a number of recent analyst reports. Scotiabank restated an “outperform” rating on shares of TMX Group in a report on Monday, August 3rd. Canadian Imperial Bank of Commerce initiated coverage on TMX Group in a research note on Monday, August 17th. They issued an “outperform” rating for the company. Finally, National Bank Financial upgraded shares of TMX Group from a “sector perform” rating to an “outperform” rating in a research report on Monday, July 27th.

TMX Group Trading Down 1.1%

TMX Group stock opened at $38.32 on Tuesday. The business’s 50-day simple moving average is $37.86 and its 200 day simple moving average is $37.02. TMX Group has a 12-month low of $31.66 and a 12-month high of $41.94.

TMX Group Company Profile

TMX Group Limited is a Canadian financial services company that operates marketplaces, clearinghouses and data businesses supporting capital formation and trading. Its operations serve companies, investors, financial institutions and other market participants in Canada and internationally.

Through its equities businesses, TMX Group operates the Toronto Stock Exchange, TSX Venture Exchange and TSX Alpha Exchange. These marketplaces provide listing and trading services for public companies across a range of industries and stages of development.