TMX Group (TSE:X) Given New C$61.00 Price Target at Canaccord Genuity Group

TMX Group (TSE:X) had its target price decreased by Canaccord Genuity Group from C$64.00 to C$61.00 in a research report report published on Monday morning,BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on X. TD Securities upgraded TMX Group from a “hold” rating to a “buy” rating and boosted their price target for the company from C$58.00 to C$60.00 in a report on Wednesday, October 29th. Royal Bank Of Canada boosted their target price on TMX Group from C$66.00 to C$67.00 in a research note on Wednesday, October 29th. National Bankshares upped their target price on TMX Group from C$59.00 to C$60.00 and gave the company a “sector perform” rating in a report on Tuesday, October 28th. Scotiabank set a C$70.00 price target on shares of TMX Group and gave the company a “sector perform” rating in a report on Friday, October 24th. Finally, Raymond James Financial raised shares of TMX Group from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from C$59.00 to C$61.00 in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, TMX Group has an average rating of “Moderate Buy” and a consensus target price of C$60.67.

TMX Group Trading Up 2.8%

TSE:X opened at C$46.67 on Monday. The firm has a market capitalization of C$12.98 billion, a P/E ratio of 31.32, a P/E/G ratio of 12.65 and a beta of -0.20. The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 47.49. The company has a fifty day moving average of C$50.87 and a 200 day moving average of C$52.39. TMX Group has a 52 week low of C$44.82 and a 52 week high of C$57.98.

TMX Group (TSE:X) last released its quarterly earnings data on Thursday, February 5th. The company reported C$0.60 earnings per share (EPS) for the quarter. The firm had revenue of C$457.80 million for the quarter. TMX Group had a net margin of 25.80% and a return on equity of 3.37%. On average, research analysts predict that TMX Group will post 1.7708421 earnings per share for the current year.

TMX Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 28th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, November 14th. TMX Group’s dividend payout ratio is presently 56.38%.

Key Stories Impacting TMX Group

Here are the key news stories impacting TMX Group this week:

• Positive Sentiment: CEO/management emphasized Q4 2025 was a record quarter and the company delivered a record year, underscoring solid fundamentals and likely supporting investor confidence. TMX CEO on Q4 2025
• Positive Sentiment: Abaxx Exchange will extend trading access through TMX Trayport’s Joule platform — a distribution/partnership win that can increase volumes and recurring revenue for TMX’s trading technology business. Abaxx extends access via TMX Trayport
• Positive Sentiment: Raymond James upgraded TMX from “outperform” to “strong‑buy” and raised its target to C$61.00 (previously C$59), signaling bullish analyst conviction and a material upside case cited by the firm. Raymond James upgrade
• Neutral Sentiment: Canaccord trimmed its price target from C$64 to C$61 but maintained a “buy” rating — still implying ~32% upside from levels cited in the bulletin, but a modestly reduced target. Canaccord target cut
• Neutral Sentiment: RBC cut its target from C$67 to C$64 but kept an “outperform” rating, leaving a sizable upside but reflecting slightly lower near‑term expectations. RBC target cut
• Negative Sentiment: Barclays lowered its price target from C$59 to C$52 and moved to an “equal weight” rating, a more cautious stance that could cap upside for investors focused on analyst consensus. Barclays downgrade/target cut

About TMX Group

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.