BMO Capital Markets Boosts TMX Group (TSE:X) Price Target to C$36.00

TMX Group (TSE:XFree Report) had its price objective raised by BMO Capital Markets from C$35.00 to C$36.00 in a report published on Wednesday, BayStreet.CA reports. They currently have a market perform rating on the stock.

X has been the topic of a number of other research reports. Royal Bank of Canada boosted their price objective on TMX Group from C$34.00 to C$36.00 and gave the stock a sector perform rating in a research note on Tuesday. CIBC increased their price target on TMX Group to C$34.00 and gave the stock a neutral rating in a report on Friday, December 15th. National Bankshares increased their price target on TMX Group to C$37.00 and gave the company a sector perform rating in a research report on Monday, February 5th. Scotiabank raised their price objective on TMX Group from C$36.00 to C$38.00 and gave the company a sector perform rating in a research report on Wednesday. Finally, Barclays increased their target price on TMX Group to C$34.00 in a research note on Monday, January 8th. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of Hold and an average price target of C$35.86.

Check Out Our Latest Report on TMX Group

TMX Group Stock Performance

Shares of TSE X opened at C$34.20 on Wednesday. TMX Group has a 12 month low of C$26.09 and a 12 month high of C$34.32. The company has a market cap of C$9.49 billion, a P/E ratio of 25.52, a P/E/G ratio of 12.65 and a beta of 0.44. The business’s 50 day moving average is C$32.03 and its two-hundred day moving average is C$30.36. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 32.21.

TMX Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 8th. Stockholders of record on Friday, March 8th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Thursday, February 22nd. TMX Group’s payout ratio is currently 53.73%.

About TMX Group

(Get Free Report)

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.

Featured Articles

Analyst Recommendations for TMX Group (TSE:X)

Receive News & Ratings for TMX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TMX Group and related companies with MarketBeat.com's FREE daily email newsletter.