Onex (TSE:ONEX) Given New C$139.00 Price Target at Royal Bank Of Canada

Onex (TSE:ONEX) had its target price trimmed by Royal Bank Of Canada from C$141.00 to C$139.00 in a research note published on Monday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

ONEX has been the subject of a number of other reports. TD Securities cut their price target on Onex from C$165.00 to C$160.00 in a research note on Monday, November 10th. Scotiabank raised their price objective on shares of Onex from C$153.00 to C$175.00 in a research report on Friday, October 31st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Onex presently has a consensus rating of “Moderate Buy” and an average price target of C$151.00.

Onex Trading Down 1.2%

Shares of TSE:ONEX opened at C$110.89 on Monday. The firm has a fifty day moving average of C$114.23 and a two-hundred day moving average of C$114.30. The company has a quick ratio of 2.41, a current ratio of 17.51 and a debt-to-equity ratio of 49.85. Onex has a 12-month low of C$86.64 and a 12-month high of C$131.38. The firm has a market capitalization of C$7.61 billion, a P/E ratio of 17.71, a price-to-earnings-growth ratio of 1.47 and a beta of 1.11.

Onex (TSE:ONEX) last posted its quarterly earnings results on Friday, November 7th. The company reported C$0.99 earnings per share for the quarter. The business had revenue of C$179.62 million for the quarter. Onex had a net margin of 68.42% and a return on equity of 7.89%. On average, equities analysts expect that Onex will post 0.4443794 EPS for the current fiscal year.

Onex Company Profile

Onex Corporation is a private equity investor and asset management firm. The company operates in two main segments: investing, which includes private equity, private credit, and direct investments; and asset and wealth management, which manages pension plans, sovereign wealth funds, insurance companies, and family offices.