Tmx Group Limited (TSE:X) Price Target Cut to C$76.00
Tmx Group Limited (TSE:X) had its target price decreased by equities research analysts at National Bank Financial from C$80.00 to C$76.00 in a research note issued on Thursday. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target points to a potential upside of 15.33% from the stock’s current price.
Several other equities analysts have also commented on X. TD Securities lowered their price objective on Tmx Group Limited from C$83.00 to C$82.00 and set a “buy” rating for the company in a research report on Wednesday. Scotiabank reissued a “sector perform” rating and set a C$71.00 price objective on shares of Tmx Group Limited in a research report on Tuesday, July 25th. Finally, Royal Bank Of Canada lowered their price objective on Tmx Group Limited from C$80.00 to C$78.00 and set a “sector perform” rating for the company in a research report on Thursday, May 11th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Tmx Group Limited has a consensus rating of “Hold” and an average price target of C$76.20.
Tmx Group Limited (TSE X) traded up 3.84% on Thursday, hitting $68.43. 67,874 shares of the company were exchanged. The stock has a 50 day moving average of $68.55 and a 200 day moving average of $70.50. The company has a market capitalization of $3.78 billion and a price-to-earnings ratio of 19.12. Tmx Group Limited has a 52 week low of $53.60 and a 52 week high of $79.90.
In other Tmx Group Limited news, insider Jean Desgagne sold 17,200 shares of the firm’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of C$70.99, for a total transaction of C$1,221,028.00.
About Tmx Group Limited
TMX Group Limited operates exchanges, markets, and clearing houses primarily for capital markets in Canada. It operates in six segments: Market Insights; Capital Formation; Derivatives Trading & Clearing; Equities and Fixed Income Trading & Clearing; Energy Trading & Clearing; and Market Solutions.
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