TMX Group Limited (OTCMKTS:TMXXF – Get Rating) has earned an average recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $153.29.
A number of equities analysts recently weighed in on the stock. Royal Bank of Canada boosted their price target on shares of TMX Group from C$163.00 to C$165.00 in a research report on Tuesday, May 3rd. Scotiabank increased their price target on TMX Group from C$148.00 to C$152.00 in a report on Wednesday. National Bank Financial boosted their price objective on TMX Group from C$139.00 to C$141.00 in a research note on Tuesday, May 3rd. Finally, TD Securities lifted their price target on TMX Group from C$155.00 to C$160.00 in a report on Wednesday.
Shares of TMXXF opened at $103.85 on Friday. TMX Group has a 52-week low of $95.32 and a 52-week high of $116.38. The firm’s fifty day moving average is $103.15 and its two-hundred day moving average is $102.16.
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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