TMX Group (TSE:X) Price Target Increased to C$152.00 by Analysts at Scotiabank

TMX Group (TSE:XGet Rating) had its price target raised by Scotiabank from C$148.00 to C$152.00 in a research report report published on Wednesday morning, BayStreet.CA reports.

Other equities research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft raised their price objective on TMX Group from C$145.00 to C$152.00 in a research report on Thursday, April 7th. National Bank Financial decreased their price target on shares of TMX Group to C$139.00 and set a sector perform rating for the company in a report on Wednesday, February 9th. BMO Capital Markets dropped their price objective on shares of TMX Group from C$157.00 to C$150.00 in a research note on Thursday, February 10th. TD Securities lifted their target price on shares of TMX Group from C$155.00 to C$160.00 and gave the company a buy rating in a research note on Wednesday. Finally, CIBC dropped their price target on shares of TMX Group from C$145.00 to C$140.00 in a research note on Wednesday, January 26th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of Buy and a consensus price target of C$149.50.

Shares of TSE:X opened at C$134.10 on Wednesday. The firm has a 50 day simple moving average of C$130.70 and a 200 day simple moving average of C$129.38. TMX Group has a 52 week low of C$121.42 and a 52 week high of C$145.69. The company has a debt-to-equity ratio of 29.59, a quick ratio of 0.01 and a current ratio of 1.01. The company has a market cap of C$7.50 billion and a PE ratio of 22.39.

TMX Group (TSE:XGet Rating) last announced its earnings results on Monday, February 7th. The company reported C$1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.70 by C$0.07. The firm had revenue of C$252.40 million for the quarter, compared to analyst estimates of C$248.38 million. On average, equities analysts predict that TMX Group will post 7.6100002 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 3rd. Stockholders of record on Friday, June 3rd will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 19th. This represents a $3.32 annualized dividend and a dividend yield of 2.48%. TMX Group’s dividend payout ratio (DPR) is 50.25%.

TMX Group Company Profile (Get Rating)

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

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