Onex Co. (OTCMKTS:ONEXF) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Onex Co. (OTCMKTS:ONEXFGet Rating) have been given a consensus rating of “Buy” by the six analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $112.00.

ONEXF has been the subject of a number of recent analyst reports. Canaccord Genuity Group reduced their price target on shares of Onex from C$110.00 to C$104.00 and set a “buy” rating for the company in a research report on Monday, May 16th. TD Securities boosted their price target on shares of Onex from C$110.00 to C$115.00 in a research note on Monday, May 16th. Royal Bank of Canada boosted their price objective on shares of Onex from C$108.00 to C$110.00 in a research report on Monday, May 16th. Finally, Scotiabank decreased their price objective on shares of Onex from C$121.00 to C$118.00 in a research report on Monday, February 28th.

ONEXF stock opened at $59.11 on Friday. Onex has a 12-month low of $53.80 and a 12-month high of $79.83. The firm has a market cap of $5.19 billion, a PE ratio of 4.53 and a beta of 1.51. The business has a 50 day moving average of $60.35 and a 200-day moving average of $67.81.

The company also recently announced a dividend, which was paid on Saturday, April 30th. Stockholders of record on Friday, April 8th were given a dividend of $0.0777 per share. The ex-dividend date of this dividend was Thursday, April 7th. This represents a dividend yield of 0.46%. Onex’s dividend payout ratio is currently 2.45%.

Onex Company Profile (Get Rating)

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.

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Analyst Recommendations for Onex (OTCMKTS:ONEXF)

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