Onex (TSE:ONEX) Given New C$112.00 Price Target at TD Securities

Onex (TSE:ONEX) had its price target cut by research analysts at TD Securities from C$115.00 to C$112.00 in a note issued to investors on Thursday, BayStreet.CA reports. TD Securities’ price target points to a potential upside of 13.74% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. Scotiabank upped their price objective on shares of Onex from C$125.00 to C$129.00 and gave the stock an “outperform” rating in a research report on Monday, February 26th. Royal Bank of Canada upped their price objective on shares of Onex from C$115.00 to C$119.00 and gave the stock a “sector perform” rating in a research report on Monday, February 26th.

Onex Stock Down 0.3 %

Shares of Onex stock opened at C$98.47 on Thursday. The company has a market cap of C$7.61 billion, a P/E ratio of 10.89, a PEG ratio of 1.47 and a beta of 1.57. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.41 and a current ratio of 2.96. Onex has a one year low of C$58.71 and a one year high of C$107.28. The firm has a fifty day moving average of C$100.07 and a two-hundred day moving average of C$93.93.

Onex Company Profile

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.