TMX Group (TSE:X) Price Target Lowered to C$64.00 at Royal Bank Of Canada

TMX Group (TSE:X) had its target price trimmed by Royal Bank Of Canada from C$67.00 to C$64.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

X has been the topic of a number of other reports. Canaccord Genuity Group cut their price objective on shares of TMX Group from C$64.00 to C$61.00 and set a “buy” rating on the stock in a research note on Monday. Barclays lowered their target price on shares of TMX Group from C$59.00 to C$52.00 and set an “equal weight” rating on the stock in a research note on Monday. Raymond James Financial raised shares of TMX Group from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from C$59.00 to C$61.00 in a research note on Monday. Scotiabank set a C$70.00 price objective on shares of TMX Group and gave the company a “sector perform” rating in a research note on Friday, October 24th. Finally, National Bankshares boosted their target price on TMX Group from C$59.00 to C$60.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, TMX Group has an average rating of “Moderate Buy” and an average price target of C$60.67.

TMX Group Stock Performance

X opened at C$46.67 on Monday. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 47.49. The business’s 50 day moving average is C$50.87 and its 200-day moving average is C$52.39. The stock has a market cap of C$12.98 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 12.65 and a beta of -0.20. TMX Group has a twelve month low of C$44.82 and a twelve month high of C$57.98.

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

TMX Group Announces Dividend

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

Key TMX Group News

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

TMX Group Company Profile

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.