TMX Group (TSE:X) had its price target increased by TD Securities from C$120.00 to C$125.00 in a research note published on Tuesday, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.
X has been the topic of several other research reports. Royal Bank of Canada cut TMX Group from an outperform rating to a sector perform rating and increased their price objective for the stock from C$118.00 to C$119.00 in a research note on Monday, October 21st. Deutsche Bank reissued a buy rating and issued a C$121.00 price objective on shares of TMX Group in a research note on Thursday, December 5th. Finally, CIBC increased their price objective on TMX Group from C$123.00 to C$127.00 in a research note on Friday, January 31st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. TMX Group has a consensus rating of Hold and a consensus price target of C$125.00.
Shares of TSE:X opened at C$117.10 on Tuesday. TMX Group has a 52-week low of C$81.39 and a 52-week high of C$128.86. The stock has a market cap of $6.63 billion and a P/E ratio of 24.50. The business’s 50 day moving average is C$117.53 and its 200 day moving average is C$113.85. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 32.75.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $2.64 annualized dividend and a yield of 2.25%. TMX Group’s dividend payout ratio (DPR) is presently 52.72%.
TMX Group Company Profile
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading and Clearing.
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