TMX Group (TSE:X – Get Free Report) had its target price boosted by analysts at Scotiabank from C$38.00 to C$39.00 in a research note issued on Tuesday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price objective indicates a potential upside of 7.71% from the stock’s current price.
A number of other equities analysts have also recently issued reports on the company. Barclays boosted their price objective on TMX Group from C$35.00 to C$38.00 in a report on Monday, April 8th. CIBC boosted their price objective on TMX Group from C$35.00 to C$38.00 in a report on Friday. TD Securities boosted their price objective on TMX Group from C$34.00 to C$35.00 and gave the company a “hold” rating in a report on Wednesday, February 7th. Canaccord Genuity Group set a C$44.00 price objective on TMX Group and gave the company a “buy” rating in a report on Friday. Finally, BMO Capital Markets upgraded TMX Group from a “market perform” rating to an “outperform” rating and upped their target price for the stock from C$36.00 to C$41.00 in a report on Monday, March 25th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$39.13.
View Our Latest Stock Analysis on X
TMX Group Trading Down 0.7 %
TMX Group (TSE:X – Get Free Report) last posted its quarterly earnings data on Monday, February 5th. The company reported C$0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.37. TMX Group had a return on equity of 9.10% and a net margin of 12.28%. The company had revenue of C$301.50 million during the quarter, compared to analysts’ expectations of C$300.05 million. As a group, research analysts predict that TMX Group will post 1.6194927 earnings per share for the current fiscal year.
Insider Transactions at TMX Group
In other news, Senior Officer Luc Fortin sold 15,140 shares of the business’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of C$35.32, for a total value of C$534,744.80. In other news, Senior Officer Luc Fortin sold 15,140 shares of the business’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of C$35.32, for a total value of C$534,744.80. Also, Senior Officer Jayakumar Rajarathinam sold 95,750 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of C$33.78, for a total value of C$3,234,636.08. Corporate insiders own 5.57% of the company’s stock.
About TMX Group
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.
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