TMX Group Limited (OTCMKTS:TMXXF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of TMX Group Limited (OTCMKTS:TMXXF) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada restated an “outperform” rating on shares of TMX Group in a research report on Monday, February 9th. Raymond James Financial upgraded TMX Group from an “outperform” rating to a “strong-buy” rating in a research report on Friday, February 6th.

TMX Group Trading Down 0.1%

TMXXF stock opened at $36.02 on Thursday. The firm has a 50-day moving average of $35.25 and a two-hundred day moving average of $36.59. TMX Group has a 12 month low of $32.30 and a 12 month high of $42.19.

About TMX Group

TMX Group Limited operates Canada’s premier financial infrastructure that supports capital markets for listing, trading, clearing, settlement and information services. As a holding company, TMX Group’s principal businesses include the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), Montréal Exchange (MX), and Canadian Depository for Securities (CDS). These platforms facilitate equity and derivatives trading, debt issuance, exchange-traded funds and a broad spectrum of structured products.

Through its marketplace operations, TMX Group offers issuers access to public capital, while providing investors with deep liquidity and a diverse range of listed instruments.