TMX Group (OTCMKTS:TMXXF) Trading Up 0.3% – Should You Buy?

TMX Group Limited (OTCMKTS:TMXXF) shares shot up 0.3% during trading on Monday . The stock traded as high as $36.00 and last traded at $36.00. 9,334 shares were traded during trading, a decline of 68% from the average session volume of 28,866 shares. The stock had previously closed at $35.90.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Raymond James Financial reiterated an “outperform” rating on shares of TMX Group in a research note on Tuesday, October 28th. Royal Bank Of Canada reissued an “outperform” rating on shares of TMX Group in a report on Wednesday, October 29th. TD Securities upgraded shares of TMX Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 29th. Finally, BMO Capital Markets restated an “outperform” rating on shares of TMX Group in a research report on Wednesday, July 16th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, TMX Group currently has a consensus rating of “Moderate Buy”.

TMX Group Stock Performance

The firm’s fifty day moving average price is $37.37 and its 200-day moving average price is $39.45.

About TMX Group

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